FX.co ★ Japan Producer Prices Rise More than Estimated

Japan’s producer prices rose 7.1% year-on-year in October 2026, surpassing market expectations of 6.5% and accelerating from September’s four-month low of 6.8%. The increase signaled renewed upstream inflationary pressures, likely driven by higher raw material, energy, and import costs amid a weaker yen. On a monthly basis, producer prices climbed 0.7%, reversing a downwardly revised 0.2% drop in September and exceeding forecasts of a 0.3% rise. It was the sharpest monthly gain in five months.