Japan's wholesale inflation accelerated in October as a weaker yen pushed up import costs for some goods, data showed on Wednesday, complicating the central bank's decision on how quickly to raise interest rates.
The corporate goods price index (CGPI), which measures the prices companies charge each other for goods and services, rose 3.4% in October from a year earlier, Bank of Japan data showed, above market forecasts for a 3.0% increase.
That followed a 3.1% increase in September.
The yen-based import price index fell 2.2% in October from a year earlier, slowing from a 2.5% decline in September, data showed.
Source: Investing.com
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