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08 November 2001 08:39  Japan Oct domestic WPI down 0.4 pct mth-on-mth, down 1.1 pct yr-on-yr


TOKYO (AFX-ASIA) - Domestic wholesale prices in October were down 0.4 pct month-on-month after falling 0.2 pct in September, the Bank of Japan said.
The Bank provided the following October data, compared with the previous month:
Domestic WPI - down 0.4 pct mth-on-mth vs down 0.2 pct
- down 1.1 pct yr-on-yr vs down 1.1 pct
Export WPI - up 0.5 pct mth-on-mth vs down 2.1 pct
- up 2.8 pct yr-on-yr vs up 2.6 pct
Import WPI - up 0.5 pct mth-on-mth vs down 2.6 pct
- up 1.7 pct yr-on-yr vs up revised 3.4 pct

Private-sector economists forecast October domestic WPI would come in at between a fall of 0.1 and 0.5 pct month-on-month, with a consensus of a fall of 0.3 pct.
Year-on-year, they forecast domestic WPI would come in at between a fall of 0.8 pct and 1.3 pct, with a consensus that prices would fall 1.0 pct.
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