The Corporate Goods Price Index (CGPI) measures the average price level for a fixed basket of capital and consumer goods purchased by Japanese producers. It is Japan's version of the Producer Price Index (PPI) and is released by the Bank of Japan (BoJ) Research and Statistics Department. The CGPI reflects the month-over-month and year-over-year changes in price level for the supply and demand of industrial goods. The CGPI release contains three sub-indices and they are 1. domestic corporate goods price index 2. export price index and 3. import price index. This index was previously called the wholesale price index.[1]

Why is it important

This report helps investors to predict the movement in the CPI as variations in prices of input materials and the cost of manufacturing will affect the retail prices. The CGPI comprehensively tracks price pressures for input materials and increases in the index will often cause an upward movement in the CPI as well. If this situation occurs, concerns about inflation may prompt BoJ to increase interest rates.[2]

See also: Producer Price Index (PPI)


  1. Econoday: 2010 Economic Calendar
  2. FX words: Domestic CGPI Japan
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki