Japan September Corporate Services Price Index YoY: Positive for Yen

The Bank of Japan released the September Corporate Services Price Index (CSPI) year-on-year on September 25, 2025. The reported figure was 2.7%. No consensus forecast was provided; the previous value was also 2.7%.Definition: This index serves as a leading indicator for consumer inflation. When companies pay higher costs for service support, these costs are typically passed on to end consumers. Market impact: If the actual figure exceeds expectations, it is generally supportive for the Japanese yen.This data is rated as low importance (level 1). It measures price changes paid by businesses for purchased services. The CSPI is published monthly, with the next release scheduled for November 26, 2025.

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