Tuesday, 27 March 2012

Japan Corporate Service Price Index -0.6% On Year In February

- An index measuring corporate service prices in Japan was down 0.6 percent on year in February, the Bank of Japan said on Tuesday, standing at 95.7.
That missed forecasts for a 0.4 percent contraction following the downwardly revised 0.4 percent decline in January - which saw an original reading of -0.2 percent.
On a monthly basis, corporate service prices were up 0.1 percent following the 0.6 percent contraction in January.
Among the individual components, prices declined for advertising and transportation - while they moved higher for communications and leasing.

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