Japan’s corporate service price index declined by slightly less than expected in March. The indicator fell by an annual 1.1% compared to the consensus call for a 1.4% drop to follow the revised 1.2% decline in February. Following the release, the yen weakened slightly versus the greenback. USD/JPY climbed by 0.18 yen to reach 94.18 before declining. However, the pair remained below its intraday high of 94.19 before declining.
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