Looking at individual price indicators, domestic corporate goods prices are increasing, due mainly to the effects of the rise in crude oil and other international commodity prices and the depreciation of the yen, and they are expected to continue increasing. The year-on-year rate of change in consumer prices (excluding fresh food) had been slightly negative thus far, but posted 0.0 percent in October.
As well as group entities and major counterparties of global financial institutions, the LEI should also be adopted by CCPs’ clearing members to support the timely analysis of risk exposures and interdependencies. The FSB, working with other standard setters and the industry, will also promote the inclusion of LEI in payment messages. It will also consider the benefits of the LEI in cross-border payments.