Japan’s December Wholesale Inflation Seen Staying Near Record High: Poll

Japan’s December Wholesale Inflation Seen Staying Near Record High: Poll
Shizuo Mori, the owner of Heckeln coffee shop makes sandwiches for customers at his shop in Tokyo, Japan, on Oct. 8, 2021. Kim Kyung-Hoon/Reuters
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TOKYO—Japan’s wholesale inflation in December is expected to remain near a recent peak as companies hike prices to offset rising raw material costs, a Reuters poll showed on Friday.

The corporate goods price index (CGPI), a gauge of the prices companies charge each other for their goods, in December likely rose 8.8 percent from a year earlier, the poll of 17 economists showed.