CPI Core Core in Japan remained unchanged at 3.40 percent in July. CPI Core Core in Japan averaged 2.40 percent from 1971 until 2025, reaching an all time high of 23.90 percent in October of 1974 and a record low of -1.70 percent in May of 2010. source: Statistics Bureau of Japan

CPI Core Core in Japan is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan CPI Core Core is projected to trend around 2.10 percent in 2026 and 2.00 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-07-17 11:30 PM
Inflation Rate Ex-Food and Energy YoY
Jun 3.4% 3.3% 3.4%
2025-08-21 11:30 PM
Inflation Rate Ex-Food and Energy YoY
Jul 3.4% 3.4% 3.4%
2025-09-18 11:30 PM
Inflation Rate Ex-Food and Energy YoY
Aug


Related Last Previous Unit Reference
Consumer Price Index CPI 111.90 111.70 points Jul 2025
Core Consumer Prices 111.60 111.40 points Jul 2025
Core Inflation Rate YoY 3.10 3.30 percent Jul 2025
Inflation Rate Ex-Food and Energy YoY 3.40 3.40 percent Jul 2025
CPI Housing Utilities 104.10 104.00 points Jul 2025
Inflation Rate YoY 3.10 3.30 percent Jul 2025
Inflation Rate MoM 0.10 0.10 percent Jul 2025
Tokyo Core CPI YoY 2.50 2.90 percent Aug 2025
Tokyo CPI YoY 2.60 2.90 percent Aug 2025
Tokyo CPI Ex Food and Energy YoY 3.00 3.10 percent Aug 2025

Japan CPI Core Core
In Japan, the "core core" inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes prices of fresh food and energy.
Actual Previous Highest Lowest Dates Unit Frequency
3.40 3.40 23.90 -1.70 1971 - 2025 percent Monthly
NSA