TOKYO (dpa-AFX) - Japan's services producer prices declined for the fourth straight month in January, data released by the Bank of Japan showed on Monday.
The services producer price index fell 0.5 percent year-on-year in January, following a 0.3 percent decline in December. This was the fourth consecutive month of decline.
On a monthly basis, services producer prices dropped 0.6 percent, after a 0.2 percent rise in the previous month.
Excluding international transportation, services producer prices decreased 0.1 percent annually in January, after a 0.1 percent fall in the prior month.
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