Japan's food prices increased 3.5% year-on-year in May 2026, matching April's pace and remaining at their slowest pace since October 2024. Costs continued to rise for fish and seafood (5.5% vs 5.8% in April), meat (3.5% vs 4.4%), dairy products and eggs (3.6% vs 4.9%), oils, fats, and seasonings (3.9% vs 4.2%), cakes and candies (8.1% vs 7.7%), prepared foods (4.4% vs 4.8%), beverages (8.7% vs 9.4%), alcoholic beverages (0.2% vs 0.9%), and meals eaten out (1.0% vs 1.1%). At the same time, fresh vegetable prices rebounded after five consecutive months of declines (3.8% vs -2.2%), while cereal prices fell for the first time since December 2021 (-0.9% vs 1.2%) and fresh fruit prices stayed in deflation (-1.6% vs -3.6%). Among staple foods, rice prices declined 4.9% from a year earlier, marking their first annual drop since November 2022. source: Ministry of Internal Affairs & Communications
Cost of food in Japan increased 3.50 percent in May of 2026 over the same month in the previous year. Food Inflation in Japan averaged 2.83 percent from 1971 until 2026, reaching an all time high of 31.60 percent in February of 1974 and a record low of -3.70 percent in November of 1999. This page provides the latest reported value for - Japan Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Food Inflation - values, historical data and charts - was last updated on July of 2026.
Cost of food in Japan increased 3.50 percent in May of 2026 over the same month in the previous year. Food Inflation in Japan is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Food Inflation is projected to trend around 2.20 percent in 2027 and 2.00 percent in 2028, according to our econometric models.