TOKYO: Japan 's wholesale inflation jumped in May at the fastest annual pace in nine months, data showed on Wednesday , a sign the weak yen was adding upward pressure on prices by pushing up the cost of raw material imports.
"But the BOJ will need to wait for wages to rise and help consumption recover" before raising rates again, he added. An index measuring the yen-based import goods prices rose 6.9 per cent in May from a year earlier, accelerating from a 6.6 per cent gain in April, a sign the yen's recent declines were pushing up the cost of raw material imports.
Inflation Bank Of Japan
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