TokyoYen-priced imports cost 24.5% more than a year ago.

Japan’s wholesale prices rose 6.8% in the year to September, keeping a rate rise in view.

A weak yen, the US-Israeli war on Iran and AI demand lift chemicals 13.3% and non-ferrous metals 40.2%.

Economist Masato Koike sees no sign of sharp acceleration, so the Bank of Japan may wait until December.

The Bank of Japan meets on 29 and 30 October with fresh forecasts.

How each outlet framed it
Reuters
frames wholesale inflation as a near-term rate-hike signal, quoting an economist expecting a BOJ hold until December

Sources: Reuters