Japan Inflation Rate  1958-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Japan increased 0.4 percent year-on-year in May of 2017, the same as in April but below market expectations of 0.5 percent. Prices went up faster for electricity but fell further for fresh fruits and vegetables. Core inflation increased to 0.4 percent, the highest since March of 2015. Inflation Rate in Japan averaged 3.04 percent from 1958 until 2017, reaching an all time high of 24.90 percent in February of 1974 and a record low of -2.50 percent in October of 2009.

Japan Inflation Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-04-27 11:30 PM Mar 0.2% 0.3% 0.3% 0.2%
2017-05-25 11:30 PM Apr 0.4% 0.2% 0.4% 0.3%
2017-06-29 11:30 PM May 0.4% 0.4% 0.5% 0.3%
2017-07-27 11:30 PM Jun 0.4% 0.4% 0.4%
2017-08-25 11:30 PM Jul 0.4%
2017-09-29 11:30 PM Aug 0.4%




Japan Inflation Rate Steady At 0.4% In May


Consumer prices in Japan increased 0.4 percent year-on-year in May of 2017, the same as in April but below market expectations of 0.5 percent. Prices went up faster for electricity but fell further for fresh fruits and vegetables. Core inflation increased to 0.4 percent, the highest since March of 2015.

Year-on-year, prices rose faster for fuel, light and water charges (2.2 percent from 0.9 percent), mainly due to higher electricity cost (2.5 percent from 0.9 percent). Prices also increased more for medical care (0.3 percent from 0.2 percent) and recovered for clothing and footwear (0.1 percent from -0.1 percent).
 
Inflation was steady for transportation and communication (0.3 percent) and culture and recreation (0.6 percent).
 
On the other hand, inflation slowed for food (0.8 percent from 0.9 percent), namely for fresh food (0.4 percent from 1.8 percent) and fish and seafood (5.9 percent from 6.7 percent). In addition, prices fell further for fresh vegetables (-1.3 percent from -0.7 percent) and fresh fruits (-4.1 percent from -2.2 percent). Inflation was also lower for education (0.6 percent from 0.7 percent) and miscellaneous goods and services (0.1 percent from 0.2 percent).
 
Prices of housing went down 0.2 percent, the same as in April.
 
Core consumer prices, which exclude fresh food, went up 0.4 percent on the year, following a 0.3 percent gain in the prior month and in line with market estimates. It is the highest level since March of 2015.
 
On a monthly basis, consumer prices were flat, following a 0.1 percent gain in April.
 
In Tokyo, consumer prices were unchanged in June, following a 0.2 percent rise in May while market estimated a 0.5 percent increase. Core consumer prices, which exclude fresh food were also flat.

Statistics Japan l Joana Taborda | joana.taborda@tradingeconomics.com
6/30/2017 12:08:02 AM



Japan Prices Last Previous Highest Lowest Unit
Inflation Rate 0.40 0.40 24.90 -2.50 percent [+]
Inflation Rate Mom 0.00 0.10 4.10 -1.10 percent [+]
Consumer Price Index CPI 100.40 100.30 100.90 17.40 Index Points [+]
Core Consumer Prices 100.30 100.10 100.80 31.00 Index Points [+]
Core Inflation Rate 0.40 0.30 24.70 -2.40 percent [+]
GDP Deflator 101.00 104.60 119.90 87.80 Index Points [+]
Producer Prices 98.40 98.40 112.50 47.40 Index Points [+]
Export Prices 93.80 94.60 207.30 84.10 Index Points [+]
Import Prices 91.20 93.50 190.40 45.90 Index Points [+]
Food Inflation 0.80 0.90 31.60 -3.70 percent [+]
Producer Prices Change 2.10 2.10 33.90 -8.60 percent [+]
Cpi Housing Utilities 99.70 99.80 102.20 25.50 Index Points [+]
Cpi Transportation 98.30 98.20 104.40 38.50 Index Points [+]


Japan Inflation Rate Notes

In Japan, the most important categories in the consumer price index are Food (25 percent of total weight) and Housing (21 percent). Transportation and communications accounts for 14 percent; Culture and recreation for 11.5 percent; Fuel, light and water charges for 7 percent; Medical care for 4.3 percent; Clothes and footwear for 4 percent. Furniture and household utensils, Education and Miscellaneous goods and services account for the remaining. This page provides the latest reported value for - Japan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Inflation Rate - actual data, historical chart and calendar of releases - was last updated on July of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.40 24.90 -2.50 1958 - 2017 percent Monthly
2015=100



inflation rate by Country

Last
Australia 2.10 Mar/17
Brazil 3.00 Jun/17
Canada 1.00 Jun/17
China 1.50 Jun/17
Euro Area 1.30 Jun/17
France 0.70 Jun/17
Germany 1.60 Jun/17
India 1.54 Jun/17
Indonesia 4.37 Jun/17
Italy 1.20 Jun/17
Japan 0.40 May/17
Mexico 6.31 Jun/17
Netherlands 1.10 Jun/17
Russia 4.40 Jun/17
South Korea 1.90 Jun/17
Spain 1.50 Jun/17
Switzerland 0.20 Jun/17
Turkey 10.90 Jun/17
United Kingdom 2.60 Jun/17
United States 1.60 Jun/17