Bank of Japan (BoJ) Corporate Services Price Index y/y

Country:
Japan
JPY, Japanese yen
Source:
Sector:
Prices
Low 2.1% 2.3%
2.4%
Last release Importance Actual Forecast
Previous
2.0%
2.1%
Next release Actual Forecast
Previous
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The Corporate Service Price Index (CSPI) measures the rate of inflation when trading services between businesses. The index shows the supply and demand trend of the service sector between companies.

The year-to-month ratio of corporate service prices is a comparison of the price fluctuations of domestic products in the specified months compared with the previous year. This index shows the country's inflation level and the development of the service industry.

The bank's wholesale price index, which was announced by the BoJ, was representative of the inflation index, but there was no service price movement. However, as the widespreading of the service industry of the economy progressed, Corporate Services Price Index was created to reflect the movement of service prices among enterprises.

Advertising costs, communication costs, and leasing fees such as computers, etc., are strongly correlated with wage trends and are expected to indicate a possible increase in costs and inflation due to rising wages in the future. The higher the index, the stronger the impact on inflation.

Last values:

actual data

forecast

The chart of the entire available history of the "Bank of Japan (BoJ) Corporate Services Price Index y/y" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Jan 2024
2.1%
2.3%
2.4%
Dec 2023
2.4%
1.7%
2.4%
Nov 2023
2.3%
2.5%
2.3%
Oct 2023
2.3%
2.5%
2.0%
Sep 2023
2.1%
2.1%
2.1%
Aug 2023
2.1%
1.4%
1.7%
Jul 2023
1.7%
1.1%
1.4%
Jun 2023
1.2%
1.4%
1.7%
May 2023
1.6%
1.5%
1.6%
Apr 2023
1.6%
1.6%
1.7%
Mar 2023
1.6%
1.6%
1.7%
Feb 2023
1.8%
1.5%
1.6%
Jan 2023
1.6%
1.5%
1.5%
Dec 2022
1.5%
1.7%
1.7%
Nov 2022
1.7%
1.7%
1.8%
Oct 2022
1.8%
1.8%
2.1%
Sep 2022
2.1%
1.8%
2.0%
Aug 2022
1.9%
2.2%
2.0%
Jul 2022
2.1%
2.2%
2.1%
Jun 2022
2.0%
2.0%
1.9%
May 2022
1.8%
1.5%
1.7%
Apr 2022
1.7%
0.9%
1.3%
Mar 2022
1.3%
0.6%
1.1%
Feb 2022
1.1%
0.4%
1.2%
Jan 2022
1.2%
0.7%
1.1%
Dec 2021
1.1%
1.1%
1.1%
Nov 2021
1.1%
1.3%
1.0%
Oct 2021
1.0%
1.2%
0.9%
Sep 2021
0.9%
1.0%
1.0%
Aug 2021
1.0%
0.9%
1.1%
Jul 2021
1.1%
1.0%
1.3%
Jun 2021
1.4%
1.3%
1.5%
May 2021
1.5%
0.9%
1.1%
Apr 2021
1.0%
1.5%
0.7%
Mar 2021
0.7%
-0.3%
0.0%
Feb 2021
-0.1%
-0.8%
-0.4%
Jan 2021
-0.5%
-1.1%
-0.3%
Dec 2020
-0.4%
-1.3%
-0.5%
Nov 2020
-0.6%
-0.6%
-0.5%
Oct 2020
-0.6%
1.2%
1.4%
Sep 2020
1.3%
1.2%
1.1%
Aug 2020
1.0%
1.4%
1.1%
Jul 2020
1.2%
0.6%
0.9%
Jun 2020
0.8%
0.5%
0.5%
May 2020
0.8%
1.1%
0.8%
Apr 2020
1.0%
1.9%
1.6%
Mar 2020
1.6%
2.2%
2.1%
Feb 2020
2.1%
2.2%
2.3%
Jan 2020
2.3%
2.1%
2.1%
Dec 2019
2.1%
2.1%
2.1%

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