Bank of Japan Reports 3% Annual Rise in September Corporate Service Prices

Corporate service prices increased amid sustained labor cost pass-through, marking a 0.1% gain from August.

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Terms & Concepts
  • Corporate Service Price Index (CSPI): A measure of price changes for services provided between businesses, reflecting cost pressures and economic trends.
  • Year-on-Year (YoY): A comparison of statistical data between one time period and the same period in the previous year.
  • Labor Cost Pass-Through: The process of incorporating increased labor expenses into the prices charged for goods or services.