Japan's wholesale inflation slowed for a sixth straight month in June due to sliding fuel and commodity prices, data showed on Wednesday, a sign the cost-push pressure that drove up consumer prices is steadily easing.
The data underscores the central bank's view that consumer inflation will slow in coming months as global commodity prices slide from last year's peak levels.
The corporate goods price index , which measures the price companies charge each other for their goods and services, rose 4.1% in June from a year earlier, data showed, slower than a median market forecast for a 4.3% increase. The main factor behind the slowdown was utility and gas bills which rose 5.3% in June from a year earlier, much smaller than a 12.8% gain in May. Food and beverage prices increased 7.4% in June, smaller than a 8.0% gain in May, the data showed.
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