TOKYO—Japan’s wholesale prices likely hit a 13-year high in September, buoyed by lofty commodity prices, while firms’ machinery orders are expected to have risen for the second straight month in August, a Reuters poll showed on Friday.
The corporate goods price index (CGPI), which tracks the prices companies charge one another for their goods, likely rose 5.9 percent in September from a year ago, according to a poll of 17 economists. That would be its highest annual price gain since September 2008. The index grew 5.5 percent year-on-year in August.
