boj speech, 2024-03-07
On the other hand, the year-on-year rate of increase in the overall services producer price index (SPPI) has remained on an accelerating trend, reflecting higher prices across a wide range of areas, including accommodations, software development, and leasing and rental services, against the backdrop of a recovery in travel demand --including inbound tourism demand --and rises in personnel expenses and goods prices.
Sentiment: neutral
Topic: mp_inflation