Published: 2024-09-25T03:40:27.000Z
USD/JPY flows: Service PPI higher
FX Analyst
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Japan August services PPI 2.7% y/y vs. 2.6% expected
The Japan August services PPI has came in higher than expected at 2.7% y/y. It confirms wages are growing and in other words business margin is also affected.
USD/JPY is trading 0.1% higher at 143.37.