Business > Foreign Business
Japan's wholesale inflation accelerates

TOKYO ― Japan's wholesale inflation accelerated in September but prices of imported goods slid due to the yen's rebound, data showed on Thursday, suggesting that price pressures from raw material costs were subsiding.

The decline in import costs will likely shift the Bank of Japan's (BoJ) attention to whether a more demand-driven rise in inflation takes hold in the world's fourth-largest economy.