Japan Food Inflation Lingers Near 15-Month Low
2026-03-23 23:44
By
Farida Husna
1 min. read
Food prices in Japan rose 4.0% year-on-year in February 2026, slightly accelerating from a 3.9% increase in the prior month.
Despite the uptick, price growth remained close to its slowest pace since October 2024.
Costs moderated for cereals (7.3% vs 12.0% in January), meats (3.7% vs 3.8%), fish and seafood (7.2% vs 7.9%), cakes and candies (8.1% vs 8.2%), meals eaten out (3.7% vs 3.9%), and prepared foods (4.9% vs 5.0%).
At the same time, prices continued to decline for fresh vegetables (-9.0% vs -14.0%) and fresh fruit (-10.7% vs -10.4%).
Among staples, rice prices increased 17.1% from a year earlier, notably slowing from a 27.9% rise in January and posting the slowest increase in 21 months following efforts from Tokyo to ease persistent upward pressure seen last year.
Simultaneously, inflation accelerated for dairy products and eggs (7.5% vs 7.4%), oils, fats, and seasonings (5.3% vs 4.8%), beverages (9.1% vs 7.8%), and alcoholic beverages (5.0% vs 4.9%).