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economic-indicators institutional intelligence, quantitative benchmarks, primary regulatory filings, and market structure analysis from APAC Capital Brief. The Bank of Japan has released the Services Producer Price Index (SPPI) for September 2026. Full granular data is sourced directly from the BOJ statistical release; detailed sub-index figures are contained within the official PDF.
Curated by Kenji Takahashi, CFA (CFA, Chief APAC Macro & Semiconductor Equity Strategist) · Fact-checked by APAC Capital Brief Institutional Review Board
The Bank of Japan has released the Services Producer Price Index (SPPI) for September 2026. Full granular data is sourced directly from the BOJ statistical release; detailed sub-index figures are contained within the official PDF.
The SPPI is defined as a monthly statistical index published by the Bank of Japan (BOJ) that measures average price changes received by domestic producers for services in business-to-business transactions. It covers sectors including transportation, financial services, information and communications, advertising, and real estate services (Source: BOJ, 2026-09).
The complete September 2026 SPPI release, including all index levels, year-on-year changes, and sub-category breakdowns, is available in the official Bank of Japan statistical PDF published at http://www.boj.or.jp/en/statistics/pi/cspi_release/sppi2609.pdf (Source: BOJ, 2026-09). This article's rawContent contained only the release title and no embedded figures.
The SPPI is a critical upstream inflation indicator for Japan's services economy. Because services inflation has been a key variable in the BOJ's post-deflation normalization deliberations, monthly SPPI readings directly inform expectations around BOJ policy rate decisions, JGB yields, and yen dynamics. The September 2026 release represents the latest data point in this policy-relevant series (Source: BOJ, 2026-09).
