Japan wholesale inflation hits 13-year high

Rising input costs are adding strain for manufacturers already hit by supply constraints and clouding the outlook for the world’s third-largest economy, which relies on exports to cushion the blow from soft consumption, analysts said.

TOKYO: Japan’s wholesale inflation hit a 13-year high in September as rising global commodity prices and a weak yen pushed up import costs, putting pressure on corporate margins and raising the risk of unwanted consumer price hikes.

Rising input costs are adding strain for manufacturers already hit by supply constraints and clouding the outlook for the world’s third-largest economy, which relies on exports to cushion the blow from soft consumption, analysts said.