{"id":450040,"date":"2025-09-25T09:17:16","date_gmt":"2025-09-25T09:17:16","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/450040\/"},"modified":"2025-09-25T09:17:16","modified_gmt":"2025-09-25T09:17:16","slug":"japans-corporate-service-inflation-perks-up-in-august","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/450040\/","title":{"rendered":"Japan&#8217;s corporate service inflation perks up in August"},"content":{"rendered":"\n<p class=\"yf-1090901\">TOKYO (Reuters) -A leading indicator of Japan&#8217;s service-sector inflation perked up in August, data showed on Thursday, backing up the central bank&#8217;s view that rising labour costs will help keep inflation sustainably around its 2% target.<\/p>\n<p class=\"yf-1090901\">The services producer price index, which tracks the price companies charge each other for services, rose 2.7% in August from a year earlier, Bank of Japan data showed, accelerating from a revised 2.6% gain in July.<\/p>\n<\/p>\n<p class=\"yf-1090901\">Hotel prices rose 7.6% year-on-year in August, accelerating from a 5.4% gain in July, reflecting solid demand from inbound tourism, the data showed.<\/p>\n<p class=\"yf-1090901\">The BOJ ended a decade-long, massive stimulus programme last year and in January raised short-term interest rates to 0.5% on the view Japan was on the cusp of durably meeting its 2% inflation target.<\/p>\n<p class=\"yf-1090901\">With consumer inflation exceeding 2% for well over three years, the central bank has signaled its readiness to keep hiking borrowing costs further if the economy sustains a moderate recovery.<\/p>\n<p class=\"yf-1090901\">(Reporting by Leika Kihara; Editing by Sam Holmes)<\/p>\n","protected":false},"excerpt":{"rendered":"TOKYO (Reuters) -A leading indicator of Japan&#8217;s service-sector inflation perked up in August, data showed on Thursday, backing&hellip;\n","protected":false},"author":2,"featured_media":450041,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[48378,51,1700,81668,2122,18903,151422,43151,18859,16,15],"class_list":{"0":"post-450040","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-bank-of-japan","9":"tag-business","10":"tag-economy","11":"tag-inflation-target","12":"tag-japan","13":"tag-labour-costs","14":"tag-leading-indicator","15":"tag-producer-price-index","16":"tag-service-sector","17":"tag-uk","18":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115264188995593130","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/450040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=450040"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/450040\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/450041"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=450040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=450040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=450040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}