Japan July wholesale prices fall 0.6 pct yr/yr

Credit: REUTERS/ISSEI KATO

Japanese wholesale prices fell 0.6 percent in the year to July, Bank of Japan data showed on Tuesday.

TOKYO, Aug 13 (Reuters) - Japanese wholesale prices fell 0.6 percent in the year to July, Bank of Japan data showed on Tuesday.[JPCGPY=ECI]

The fall in the corporate goods price index (CGPI), which measures the price companies charge each other for their goods and services, compares with the median market forecast for a 0.5 percent annual decrease and follows a 0.1 percent annual decrease in June.

Overall final goods prices -- the prices of finished products charged to businesses -- fell 1.3 percent from a year earlier.

Domestic final goods prices, which loosely track the consumer price index, fell 0.5 percent from a year earlier.

Details were as follows (preliminary, with percentage change; economists' median forecast in parentheses; previous figures may be revised):

JULY

JUNE

MAY JULY INDEX Year-on-year -0.6 (-0.5)

-0.1

+0.6 +101.2 Mth-on-mth

0.0 (+0.1)

-0.5

-0.1 To view the full tables, go to http://www.boj.or.jp/en/statistics/pi/cgpi_release/index.htm/ (For queries, contact Stanley White at: stanley.white@thomsonreuters.com; +81 3 6441 1984) (Reuters Messaging: stanley.white.reuters.com@reuters.net)

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