Japan's annual wholesale inflation slowed in August for the eighth straight month, data showed on Wednesday, offering some relief for households and retailers hit by past sharp rises in raw material imports.
The corporate goods price index , which measures the price companies charge each other for their goods and services, rose 3.2% in August from a year earlier, matching a median market forecast.
"While crude oil prices remain high and yen falls continue, wholesale inflation is slowing ... and could post a year-on-year decline in the fourth quarter," said Toru Suehiro, an economist at Daiwa Securities.
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