The December producer price index was flat versus the same period in 2022. — Bloomberg
TOKYO: Japanese input prices were unchanged last month from a year earlier, the weakest showing in almost three years as the yen’s recent gains helped cap import costs.
The December producer price index (PPI), a measure of input prices for firms, was flat versus the same period in 2022, the first month without an advance since February 2021 and the 12th consecutive month in which price growth decelerated.
