s*****n 发帖数: 1998 | 1 Wholesale prices rise faster than expected
Oct Yen-based wholesale import prices up 38.0% yr/yr
Poll shows more firms warming to idea of passing on costs
TOKYO, Nov 11 (Reuters) - Japan's wholesale inflation hit a four-decade high
in October, following a similar spike in China's factory gate prices as
supply bottlenecks and rising commodity costs threatened Asian corporate
profits.
The rising cost pressures, coupled with a weak yen that inflates the price
of imported goods, adds to pain for the world's third-largest economy as it
emerges from the consumer slump caused by the pandemic.
"Rising costs are certainly negative for corporate profits," said Atsushi
Takeda, chief economist at Itochu Economic Research Institute. "If the
economy continues to recover, firms may be able to pass on costs (to
consumers) at some point," he said.
The corporate goods price index (CGPI), which measures the prices companies
charge each other for their goods and services, surged 8.0% in October from
a year earlier, exceeding market expectations for a 7.0% gain, Bank of Japan
data showed on Thursday.
The increase, which exceeded a revised 6.4% rise in September, was the
fastest pace since comparable data became available in January 1981.
Wholesale prices rose for a range of goods including fuel, which spiked 44.5
% in October from a year earlier, and timber goods, which saw prices surge
57.0%.
An index gauging yen-based wholesale import prices jumped a record 38.0% in
October from a year earlier, a sign recent yen declines were pushing up
already high raw material costs.
Japanese firms have so far been cautious about passing on higher costs to
consumers on concern cost-sensitive households may hold back on spending.
That has kept core consumer prices rising just 0.1% in September from a year
earlier. read more
However, a slim majority of Japanese firms say they do plan to pass on or
have passed on commodity costs to customers, a Reuters poll showed, a sign
inflationary pressures are increasing. read more
That could deal a heavier blow to Japanese consumers than those in other
countries given weak wage growth, heightening challenges for Prime Minister
Fumio Kishida in achieving his pledge to distribute more wealth to
households.
"With the burden on firms and households increasing, the rise in wholesale
prices has a big negative impact on the economy," said Toru Suehiro, an
economist at Daiwa Securities.
With upper house elections expected next year, Kishida vowed to deliver a
range of cash payouts to households as part of a fresh stimulus package to
be compiled next week. read more
Commodity inflation has hit countries across the globe. China's factory gate
inflation hit a 26-year high in October, further squeezing profit margins
for producers and heightening stagflation concerns. read more
In the United States, consumer prices posted their biggest rise in 31 years
in October, amid signs that inflation could stay uncomfortably high well
into 2022. read more
Despite the new price pressures, Japan has lagged the global shift by
central banks to dial back crisis-mode policies with BOJ Governor Haruhiko
Kuroda pledging to keep monetary settings ultra-loose until consumer
inflation hits the elusive 2% target. | w*********r 发帖数: 1 | 2 通胀对日本这个长期通缩的国家简直是久旱逢甘霖, 当然廊庑是绝对不可能明白的 | s*****n 发帖数: 1998 | 3 老必将听说过滞涨么? 以前小狗子是滞缩, 以后是滞涨
【在 w*********r 的大作中提到】 : 通胀对日本这个长期通缩的国家简直是久旱逢甘霖, 当然廊庑是绝对不可能明白的
| b*3 发帖数: 1 | 4
【在 s*****n 的大作中提到】 : 老必将听说过滞涨么? 以前小狗子是滞缩, 以后是滞涨
| w*********r 发帖数: 1 | 5 西方国家这轮通胀是因为钱终于到穷人手里了,印钱如果钱只到富人手里是不可能引起
通胀的,倒是你鳖政府才是这轮洗牌的最大输家, 屁民失业收入大幅减少,却要承受
外来的通胀压力。
【在 s*****n 的大作中提到】 : 老必将听说过滞涨么? 以前小狗子是滞缩, 以后是滞涨
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