Tokyo, 13 October 2026 – Japan’s wholesale prices rose 6.8% in September from a year earlier, keeping pressure on corporate margins and sustaining expectations that the Bank of Japan may raise interest rates again. The result slowed from August’s 7.6% gain and came below the median forecast of 7.6%, but the underlying cost picture remains difficult for businesses and households.
The corporate goods price index measures prices companies charge each other before goods reach consumers. Its continued strength shows that cost pressure is still moving through industrial supply chains. The yen-based import price index surged 24.5% year on year, highlighting how currency weakness is amplifying the cost of fuel, chemicals and other imported materials.
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