By Leika Kihara
TOKYO (Reuters) – Japan’s wholesale prices rose 4.2% in the year to March, data showed on Thursday, highlighting persistent cost pressures that add to corporate pain from uncertainty over U.S. tariff policy.
The rise in the corporate goods price index (CGPI), which measures the price companies charge each other for their goods and services, exceeded a median market forecast for a 3.9% increase and followed a 4.1% gain in February.
Prices rose for a broad range of goods, including a 3.1% year-on-year gain in the cost of food and a 8.6% jump in petroleum and coal prices, central bank data showed.
(Reporting by Leika Kihara; Editing by Kim Coghill)
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