The Domestic Corporate Goods Price Index measures prices for goods purchased by Japanese corporations. As prices for input materials and the overall cost of manufacturing change, companies adjust retail prices accordingly. The CGPI comprehensively tracks these supply-side price pressures and increases in the index often precede upward movement in the CPI. If an increase in the CGPI is followed by a rise in the CPI, concerns about inflation may prompt the Bank of Japan to raise interest rates. The headline numbers are the percentage change in the index month or month and annually.

Note : The index's base year is the year 2000 and the base value is 100. Thus, an index value of 105 signifies a 5% increase in prices since the year 2000. The data report also contains individual indexes for each commodity category used in the Wholesale Price Index.

Relevance : Tends to move markets on release
Release schedule : 23:50 (GMT); monthly, on the eighth business day of the following month.
Revisions schedule : Some revisions, although minor.
Source of report : Bank of Japan (BoJ)
Web Address : http://www.boj.or.jp/en/type/stat/dlong/index.htm
Address of release : http://www.boj.or.jp/en/type/stat/dlong/price/cgpi/index.htm#01
AKA : The wholesale price index