BoJ Corporate Goods Price Index m/m reflects the change in prices of domestic products in the given month compared to the previous one. It correlates with the Consumer Price Index reflecting the changes from the manufacturers' perspective.
The indicator defines inflation in the country. The indicator growth can have a positive effect on the yen quotes.
The chart of the entire available history of the "Bank of Japan (BoJ) Corporate Goods Price Index m/m" 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.