{"id":180331,"date":"2025-09-25T07:31:08","date_gmt":"2025-09-25T07:31:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/180331\/"},"modified":"2025-09-25T07:31:08","modified_gmt":"2025-09-25T07:31:08","slug":"japans-corporate-service-inflation-perks-up-in-august","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/180331\/","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":180332,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[35495,28,101,56080,3471,106774,106773,638,35932],"class_list":["post-180331","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-bank-of-japan","tag-business","tag-economy","tag-inflation-target","tag-japan","tag-labour-costs","tag-leading-indicator","tag-producer-price-index","tag-service-sector"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/180331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=180331"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/180331\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/180332"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=180331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=180331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=180331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}