Japan’s services producer prices declined for the second straight month in November, the Bank of Japan said Thursday.
The services producer price index dropped 0.6 percent annually, following a 0.5 percent decrease a month ago.
On a monthly basis, services producer price inflation eased to 0.1 percent from 0.2 percent in October.
Excluding international transportation, services producer prices were down 0.4 percent versus a 0.3 percent fall in the previous month. Month-on-month, prices gained 0.2 percent, the same rate as posted in October.