Name: Japan GDP Deflator
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Japan,GDP Deflator,data,chart,actual,historical,values,calendar,forecast,graph,2025,2026,2027

GDP Deflator in Japan increased to 115.40 points in Q4 from 111.00 points in Q3 of 2025 . GDP Deflator in Japan averaged 102.14 points from 1980 until 2025, reaching an all time high of 115.40 points in the fourth quarter of 2025 and a record low of 87.80 points in the first quarter of 1980. source: Cabinet Office, Japan

GDP Deflator in Japan is expected to be 111.38 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan GDP Deflator is projected to trend around 120.42 points in 2027 and 122.94 points in 2028, according to our econometric models.

Related	Last	Previous	Unit	Reference
Consumer Price Index CPI	113.00	113.20	points	Dec 2025
Core Consumer Prices	112.20	112.50	points	Dec 2025
Core Inflation Rate YoY	2.40	3.00	percent	Dec 2025
Inflation Rate Ex-Food and Energy YoY	2.90	3.00	percent	Dec 2025
CPI Housing Utilities	104.50	104.50	points	Dec 2025
CPI Transportation and Communication	100.00	101.00	points	Dec 2025
Export Prices	151.10	146.90	points	Jan 2026
Food Inflation	5.10	6.10	percent	Dec 2025
GDP Price Index YoY	115.40	111.00	points	Dec 2025
Import Prices	166.80	163.60	points	Jan 2026
Inflation Expectations	2.40	2.40	percent	Dec 2025
Inflation Rate YoY	2.10	2.90	percent	Dec 2025
Inflation Rate MoM	-0.10	0.30	percent	Dec 2025
PPI MoM	0.20	0.10	percent	Jan 2026
Producer Prices	128.40	128.10	points	Jan 2026
PPI YoY	2.30	2.40	percent	Jan 2026
Rent Inflation	0.50	0.40	percent	Dec 2025
Tokyo Core CPI YoY	2.00	2.30	percent	Jan 2026
Tokyo CPI YoY	1.50	2.00	percent	Jan 2026
Tokyo CPI Ex Food and Energy YoY	2.00	2.30	percent	Jan 2026

Japan GDP Deflator

The GDP Deflator measures the change in prices of final goods and services and it is considered as a key indicator for inflationary pressures, that provides insight into the future direction of monetary policy.