Analysis: Japan's Fastener Prices Index, June 2011

The Bank of Japan used the 2005 Corporate Price Index (CGPI) as a benchmark (set to 100) to calculate the price index of some fasteners and related raw materials in June 2011. The specific situation is shown in the following table:

Japan's domestic standard wholesale price index category 2011/6 2010/6 Last month ratio (%) last year ratio (%) Total average 105.4 102.8 -0.1 2.5 Bolt 112.5 109.2 0.0 3.0 Nut 126.6 117.5 0.0 7.7 Screw 113.6 112.9 0.0 0.6 Rivet 126.7 122.5 0.0 3.4 Small steel bar 111.1 112.1 -4.1 -0.9 Wire 146.4 143.5 0.0 2.0 Alloy tool steel 104.1 104.3 0.0 -0.2 Carbon steel for mechanical construction 152.5 136.8 0.1 11.5 Alloy steel for construction 141.1 123.2 0.1 14.5 Spring steel 132.8 116.0 0.0 14.5 Bearing steel 126.5 110.5 0.0 14.5 Fast cutting steel 137.6 129.2 1.5 6.5 Piano line 133.0 129.6 0.0 2.6 High-strength steel 124.9 123.3 0.0 1.3 Grinding bar steel 145.1 134.8 -0.2 7.6 Iron wire 142.5 136.3 0.0 4.5 Hard steel wire 135.4 123.8 0.0 9.4 Stainless steel wire 122.7 116.9 0.0 5.0 Stamping Cold-rolled carbon steel wire 140.3 131.1 0.0 7.0 Brass steel 175.8 151.4 0.2 16.1 Aluminum alloy rod 102.0 101.3 0.0 0.7 Solder 138.9 119.2 -4.2 16.5 Lead-lead die-cast 106.3 111.3 0.0 -4.5 Aluminum and aluminum alloy die-cast 107.7 107.2 0.7 0.5
Export price index type 2011/6 2010/6 Last month ratio (%) Last year ratio (%) Total average 85.6 87.5 -0.7 -2.2 bolt, nut 97.2 104.5 -0.8 -7.0 Wire 98.7 98.7 0.3 0.0 Spring steel 118.3 110.3 -0.5 7.3 Grinding bar steel 108.5 96.8 0.6 12.1
Import price index category 2011/6 2010/6 Last month ratio (%) Last year ratio (%) Total average 119.9 108.5 -1.8 10.5 Bolts, nuts 149.4 139.7 -1.2 6.9