Inflation $TRX $XAU $TSLAB in Japan’s producer prices exceeds expectations in October

Japan’s producer price index rose more than expected in October, remaining close to its annual high amid rising energy prices and spending related to AI trade, both of which are weighing on business costs.

Government data released Thursday showed that the producer price index rose 7.10% year over year in October, exceeding analysts’ forecast of 6.50% and up from 6.80% in the previous month.

The producer price index also rose 0.70% month over month, exceeding expectations of 0.30%.
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