Data published Thursday by the BANK OF JAPAN showed import prices rose 24.8% YoY in October, versus 23.8% in September. Barclays economists said renewed crude strength pushed up October import prices, implying energy-driven inflationary pressure may

2026-11-12

Data published Thursday by the BANK OF JAPAN showed import prices rose 24.8% YoY in October, versus 23.8% in September. Barclays economists said renewed crude strength pushed up October import prices, implying energy-driven inflationary pressure may persist for some time. Middle East developments have made energy-price dynamics important again. In the near term, the impact of crude gains since July could transmit with a lag and further push up prices, Concentrated in electricity and natural gas.