BoJ branch managers say price pressures may broaden
Japan's central bank branch managers said cost-push price increases are spreading from corporate transactions to consumer-facing industries, indicating broadening inflationary pressures.
TOKYO--Cost-push price increases in Japan are spreading from corporate transactions to consumer-facing industries, Japan’s central bank branch managers said Thursday, indicating broader inflationary pressure across the country. The managers said many firms are raising business-to-business prices, with the trend increasingly extending into consumer-facing sectors.