FX.co ★ Japan Producer Prices Rise the Least in 8 Months

In May 2025, Japan witnessed a 3.2% year-over-year rise in producer prices. This represents a deceleration from a slightly adjusted 4.1% increase in the previous month, and it falls below market expectations of a 3.5% rise. Notably, this marks the 51st consecutive month of producer inflation, although this is the lowest annual rate recorded since last September. On a month-to-month basis, producer prices declined by 0.2%, a turnabout from the 0.3% increases observed over the prior three months, marking the first monthly decrease in nine months.