According to Jin10, on November 12, Japan's producer prices for corporate goods accelerated in October, with year-over-year increases reaching 7.1%, up from 6.8% in September, the Bank of Japan's data showed. Month-over-month, prices rose 0.7%, marking the fastest pace since May. The persistent upward price pressure reinforces the case for the BOJ's next rate hike in December, with market pricing indicating an 82% probability of an increase at the central bank's next meeting.

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