About CMSForex ServicesTrading SoftwareForex EducationForex ResourcesMy Account
www.cmsfx.com
Free Online Forex Course www.cmsfx.com Forex Web Tools www.cmsfx.com

Producer Prices

Main Indicator: Corporate Goods Price Index y/y

Most Recent Release

April
10th, 2008
Actual Forecast Previous Revised Form
3.9% 3.4% 3.6% 3.4%

For March
Provided by: Bank of Japan
Importance: Medium 

CGPI m/m: 0.5%, forecast 0.3%, pr. 0.4%

The corporate goods price index jumped in March, climbing 3.9% at an annual pace, and at 0.5% over the month. The 3.9% increase was the fastest pace in 27 years, and led by surging commodity prices. The results surprised the consensus forecast on the upside. The export price index, rose 1.4% y/y and the import price index, was up 21.6% y/y. 

Table of Past Data

7/108/99/1110/1111/1112/111/152/123/114/10
Actual2.3%2.1%1.9%1.7%2.4%2.3%2.6%3.0%3.4%3.9%
Forecast2.2%2.2%1.7%1.9%2.3%2.1%2.3%2.7%3.2%3.4%
Previous2.2%2.3%2.2%2.0%1.7%2.0%2.3%2.6%3.0%3.6%
Revised FromN/AN/A2.1%1.9%N/A2.4%N/AN/AN/A3.4%

Secondary Indicator: Corporate Service Price Index y/y

Most Recent Release

April
23rd, 2008
Actual Forecast Previous Revised Form
0.4% 0.7% 0.7% N/A

For March
Provided by: The Bank of Japan

CSPI m/m: pr. 0.3% (Feb), -1.1% (Jan), 0.1% (Dec)

The amount that companies pay for services increased at a lower rate than expected in March. The CSPI increased 0.4%, compared to the consensus forecast of 0.7%, which was also February's mark. It was the 16th straight month that the indicator was positive, and this month's gains were led by increase in transportation costs (2.6%) and real estate service fees, which include rents (1.4%).  

Table of Past Data

7/258/239/2410/2411/2612/241/272/253/254/23
Actual1.4%1.6%1.0%1.4%1.4%1.4%1.4%0.8%0.7%0.4%
Forecast1.4%1.3%1.6%1.0%1.4%1.4%1.4%1.4%0.7%0.7%
Previous1.4%1.5%1.4%1.1%1.3%1.4%1.4%1.4%0.6%0.7%
Revised FromN/A1.4%1.6%1.0%1.4%N/AN/AN/A0.8%N/A

Past Releases

Corporate Service Price Index y/y
March
25th, 2008
Actual Forecast Previous Revised Form
0.7% 0.7% 0.6% 0.8%

For February
Provided by: The Bank of Japan

CSPI m/m: pr. -1.1% (Jan), 0.1% (Dec)

Corporate Goods Price Index y/y
March
11th, 2008
Actual Forecast Previous Revised Form
3.4% 3.2% 3.0% N/A

For February

CGPI m/m: 0.4%, forecast 0.3%, pr. 0.2%

The amount of inflation faced by corporations when purchasing goods increased 0.4% on the month and 3.4% on the year, higher than economists forecasts. The annual rate was the fastest pace for the indicator in 27 years, as higher commodity prices cuased prices to increase rapidly. The export price index rose 1.2% on the year, and 0.7% on the month while the import price index, was up 21.1% from a year ago, and 1.9% from January. 

 

Corporate Service Price Index y/y
February
25th, 2008
Actual Forecast Previous Revised Form
0.8% 1.4% 1.4% N/A
For January
Provided by The Bank of Japan

m/m -1.1% prev. 0.1%

Inflation felt by firms lessened in January, bringing the yearly inflation down to 0.8% from 1.5% in December. The monthly decline was attributed to a flux in prices in Ocean Freight Transportation and Ship Chartering Services, both of which surged in December and eased off in January.

Corporate Goods Price Index y/y
February
12th, 2008
Actual Forecast Previous Revised Form
3.0% 2.7% 2.6% N/A

For January

CGPI m/m: forecast, 0.0%, pr. 0.4%

Corporate Service Price Index y/y
January
27th, 2008
Actual Forecast Previous Revised Form
1.4% 1.4% 1.4% N/A

For December.
Provided by The Bank of Japan
Official Realeae (.pdf) 

Corporate Goods Price Index y/y
January
15th, 2008
Actual Forecast Previous Revised Form
2.6% 2.3% 2.3% N/A
For December
m/m: 0.4% Forecast: 0.1% Prv: 0.2%

The index of prices Japanese corporations pay increased faster than excepted in the year to December 2007.
Corporate Service Price Index y/y
December
24th, 2007
Actual Forecast Previous Revised Form
1.4% 1.4% 1.4% N/A
Corporate Goods Price Index y/y
December
11th, 2007
Actual Forecast Previous Revised Form
2.3% 2.1% 2.0% 2.4%
For November.
CGPI m/m: 0.2% (Nov), forecast 0.1%, pr. 0.3% (Oct).

The Export Price Index dropped 0.1% for the month, as well as annually.Import prices rose 12.9% year over year, and 2.5% over the month.
Corporate Service Price Index y/y
November
26th, 2007
Actual Forecast Previous Revised Form
1.4% 1.4% 1.3% 1.4%
Preliminary figure for October.

On a monthly basis, the index rose 0.3% after gaining a revised 0.6% in September, according to the Bank of Japan. Transportation costs increased 7.1% y/y, and 2.1% m/m, in October as the main contributer to the index gain in October.
Corporate Goods Price Index y/y
November
11th, 2007
Actual Forecast Previous Revised Form
2.4% 2.3% 1.7% N/A
For October.

Domestic CGPI m/m: 0.3% (Oct), forecast 0.1%, pr. -0.1% (Sept).

Supply side price pressures increased more than expected in October from a year earlier, reported the Bank of Japan. It was the 44th straight month of increases, as global commodity prices rose and oil hit a new record high.
Corporate Service Price Index y/y
October
24th, 2007
Actual Forecast Previous Revised Form
1.4% 1.0% 1.1% 1.0%
For September.

The Bank of Japan's corporate service price index was 94.5, an increase of 0.7% on the month, and 1.4% on the year. This indicator measures the overall level of prices that companies face for transportation, advertising, communications and services provided by other firms. It rose faster than economists expectations.
Corporate Goods Price Index y/y
October
11th, 2007
Actual Forecast Previous Revised Form
1.7% 1.9% 2.0% 1.9%
For September.

CGPI m/m: -0.1%, forecast 0.1%, pr. 0.0%
Corporate Service Price Index y/y
September
24th, 2007
Actual Forecast Previous Revised Form
1.0% 1.6% 1.4% 1.6%
Corporate Goods Price Index y/y
September
11th, 2007
Actual Forecast Previous Revised Form
1.9% 1.7% 2.2% 2.1%
Prices of corporate goods in Japan rose again in August, by 1.9% y/y, data from the Bank of Japan revealed. This is the 42nd straight month of increases. Rising prices for oil and raw materials pushed up prices for plastics and chemicals.
Corporate Service Price Index y/y
August
23rd, 2007
Actual Forecast Previous Revised Form
1.6% 1.3% 1.5% 1.4%
The CSPI for July was up 94.5, up 0.1% from June and up 1.6% from a year earlier, the Bank of Japan said Friday. This is the 12th straight month of year-on-year increases. The indicator measures the overall level of prices that companies pay for transportation, advertising, communications, and services provided by other firms. Prices of advertising increases and contributed to the positive change while real estate services such as space rental contributed as a negative factor for the indicator.
Corporate Goods Price Index y/y
August
9th, 2007
Actual Forecast Previous Revised Form
2.1% 2.2% 2.3% N/A
Corporate Service Price Index y/y
July
25th, 2007
Actual Forecast Previous Revised Form
1.4% 1.4% 1.4% N/A
This is the preliminary figure for June, and shows a 0.1% increase from May.
Corporate Goods Price Index y/y
July
10th, 2007
Actual Forecast Previous Revised Form
2.3% 2.2% 2.2% N/A
This marks a long trend of rises in the CGPI due to higher prices for raw materials. The 0.1% increase from previous month is due to price increase in Petroleum & coal products as well as chemicals and related products. Electric machinery & equipment prices led the countering force.

www.cmsfx.com