Domestic Corporate Goods Price Index Japan

DEFINITION of 'Domestic Corporate Goods Price Index Japan'

A Japanese index that measures the prices of goods created by firms at the producer and wholesaler level in Japan. The Domestic Corporate Goods Price Index (CGPI) tracks changes in supply side prices within the Japanese economy. Changes in the CGPI often precede changes in the overall Consumer Price Index, as input values determine the overall retail values of the consumer goods. Thus, a large increase in the domestic CGPI will lead to a large increase in the overall CPI.

BREAKING DOWN 'Domestic Corporate Goods Price Index Japan'

The domestic CGPI has a base year of 2005, using 100 as its base value. The index is published on the eighth business day of each month and typically can have a large effect on the equities, commodities and forex markets following its release. The headline figures are the percentage change in the overall domestic CGPI month over month, while the report itself publishes separate indices for each commodity category.

RELATED TERMS
  1. Capital Goods Price Index - CGPI

    An economic index computed by the New Zealand government that ...
  2. Price Level

    The average of current prices across the entire spectrum of goods ...
  3. Composite

    A grouping of equities, indexes or other factors combined in ...
  4. Market Momentum

    A measure of overall market sentiment, calculated as the change ...
  5. Commodity Index

    An index that tracks a basket of commodities to measure their ...
  6. Index

    A statistical measure of change in an economy or a securities ...
Related Articles
  1. ETFs & Mutual Funds

    What is an Index?

    An index is a statistical means of calculating a change in an economy or market.
  2. Markets

    What Does Price Level Mean?

    Price level is the average of all current prices for goods and services in an economy.
  3. Markets

    Understanding the Producer Price Index (PPI)

    The Producer Price Index, or PPI, measures the average change in the prices that domestic producers receive for the output they sell.
  4. Trading

    Predict Inflation With The Producer Price Index

    Find out how the PPI can be used to gauge the overall health of the economy.
  5. Investing

    Consumer Confidence Index

    The Consumer Confidence Index is the result of a monthly survey of 5,000 U.S. households by the Conference Board that measures how optimistic or pessimistic consumers are about the economy's ...
  6. ETFs & Mutual Funds

    The Pros and Cons of Indexes

    Learn about the advantages and disadvantages of stock indexes and passive index funds. Discover how there is an opportunity cost to using index funds.
  7. ETFs & Mutual Funds

    The Top 3 ETFs to Track the TOPIX for 2016 (JPXN, EWJ)

    FInd the best ETFs that investors can use to obtain exposure to Japanese equities by tracking one of the major Japanese equity market indexes in 2016.
  8. Markets

    4 Key Indicators That Move The Markets

    Find out what reports to watch in order to anticipate and react to market movements.
  9. Markets

    Using Index Futures To Predict The Future

    Want to know whether the stock market will open up or down? Check out the index futures.
  10. Trading

    The Consumer Price Index

    Find out how this economic measure can help you make key financial decisions.
RELATED FAQS
  1. What is the relationship between the PPI and the CPI?

    First, let's take a look at what these two acronyms mean: the PPI is the producer price index and the CPI is the consumer ... Read Answer >>
  2. What are the most common market indicators to follow the Japanese stock market and ...

    Learn the most common market and economic indicators used by market analysts to follow the Japanese stock market and Japanese ... Read Answer >>
  3. What are the most common market indicators to follow the U.S stock market and economy?

    Understand some of the key indicators analysts use to follow the U.S. stock markets and to assess the overall condition of ... Read Answer >>
  4. Is the consumer price index (CPI) the best measure of inflation?

    Discover how the CPI is one of the most used indexes to measure inflation, but due to its limitations, the PPI and GDP deflator ... Read Answer >>
  5. What are some limitations of the consumer price index (CPI)?

    Explore some of the basic limitations of the widely used economic indicator, the consumer price index, or CPI, and examine ... Read Answer >>
  6. What economic indicators are important for investing in the wholesale sector?

    Understand what economic indicators are important for people looking to invest in the wholesale sector. Learn how a company ... Read Answer >>
Hot Definitions
  1. Quantitative Trading

    Trading strategies based on quantitative analysis which rely on mathematical computations and number crunching to identify ...
  2. Bond Ladder

    A portfolio of fixed-income securities in which each security has a significantly different maturity date. The purpose of ...
  3. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  4. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  5. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  6. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
Trading Center