CSPI in Japan increased more than expected…
Corporate services price index pictures difference in prices of services which were purchased by corporations.
Bank of Japan informed today that CSPI increased in April by 0.2%, comparing with March reading. Analysts expected a 0.1% decline.
As for yearly data, index rose by 0.9%, first time in last three years.
The core data (excluding volatile items) was also up by 0.4% comparing with April 2011.