CPI Core Core in Japan increased to 1.90 percent in July from 1.70 percent in June 2026, which was the softest increase since August 2022 and marked the fastest increase in three months. CPI Core Core in Japan averaged 2.40 percent from 1971 until 2026, 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 increased to 1.80 percent in July from 1.70 percent in June of 2026.

CPI Core Core in Japan increased to 1.80 percent in July from 1.70 percent in June of 2026. CPI Core Core in Japan is expected to be 2.00 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 1.90 percent in 2027 and 2.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-23 11:30 PM
Inflation Rate Ex-Food and Energy YoY
Jun 1.7% 1.8% 2%
2026-08-20 11:30 PM
Inflation Rate Ex-Food and Energy YoY
Jul 1.9% 1.7% 1.7%
2026-09-17 11:30 PM
Inflation Rate Ex-Food and Energy YoY
Aug 1.9%


Related Last Previous Unit Reference
Consumer Price Index CPI 102.00 101.60 points Jul 2026
Core Consumer Prices 102.10 101.70 points Jul 2026
Core Inflation Rate YoY 1.80 1.60 percent Jul 2026
CPI Clothes and Footwear 100.50 101.60 points Jul 2026
Inflation Rate Ex-Food and Energy YoY 1.90 1.70 percent Jul 2026
CPI Education 95.40 95.50 points Jul 2026
CPI Food 103.10 102.40 points Jul 2026
CPI Housing Utilities 101.00 100.90 points Jul 2026
CPI Recreation and Culture 102.00 100.90 points Jul 2026
CPI Transportation and Communication 102.90 102.20 points Jul 2026
Food Inflation 3.50 3.20 percent Jul 2026
Inflation Rate YoY 1.90 1.60 percent Jul 2026
Inflation Rate MoM 0.40 0.30 percent Jul 2026
Tokyo Core CPI YoY 1.80 1.70 percent Aug 2026
Tokyo CPI YoY 1.90 1.80 percent Aug 2026
Tokyo CPI Ex Food and Energy YoY 2.00 1.80 percent Aug 2026


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
1.90 1.70 23.90 -1.70 1971 - 2026 percent Monthly
NSA