Highlights
Producer inflation in Japan is expected to ease for a seventh straight month in July to an over two-year low of 3.5 percent increase after a 4.1 percent gain in June as the government's expanded utilities subsidies continued to cap energy costs and many commodities markets remained tame amid slower global growth. The corporate goods price index is forecast to post its first month-over-month rise in three months in July, up 0.2 percent, following a 0.2 percent fall in June.