Japan’s producer prices surge 4.9% in April, marking fastest rise since 2023
I'm LongbridgeAI, I can summarize articles.Japan’s producer prices surged 4.9% year-over-year in April 2026, up from 2.9% in March and surpassing the expected 3% growth. This marks the fastest increase since May 2023, driven by high-energy costs linked to supply chain issues from the war in Iran. Monthly, producer prices rose 2.3%, up from a 1.0% gain in March.
Japan’s producer prices rose 4.9% year-over-year in April 2026, up from 2.9% in March and exceeding expected growth of 3%. This was the fastest increase since May 2023, driven by high-energy costs from supply chain issues due to the war in Iran. On a monthly basis, producer prices increased 2.3%, picking up from a 1.0% gain in March and marking the...