Price Developments in Fiscal 1995 (Overall Trends)

Research and Statistics Department
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Research and Statistics Department: Bank of Japan

No 1996-08, Bank of Japan Research Papers from Bank of Japan

Abstract: During fiscal 1995, wholesale prices and corporate service prices continued to fall, while consumer prices remained rather stable. During the first half of the fiscal year, the pace of decline in wholesale prices quickened somewhat, reflecting the rapid appreciation of the yen and the pause in Japan's economic recovery, and consumer prices (excluding fresh food) also recorded a lower level than the previous year. In the second half of fiscal 1995, weakening of prices gradually came to a halt as the yen's appreciation reversed and Japan's economic recovery progressed.

Date: 1996-08
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