Japan Inflation Rate  1958-2018 | Data | Chart | Calendar | Forecast

Consumer prices in Japan rose 0.6 percent year-on-year in November of 2017, following a 0.2 percent gain in the prior month. The figure was slightly above market consensus of 0.5 percent, due to a jump in cost of transport while prices of food fell much less than in the prior month. Core consumer prices, which exclude fresh food, rose 0.9 percent from a year earlier, after a 0.8 percent rise in October while markets expected 0.8 percent. It was the highest figure since March of 2015. On a monthly basis, consumer prices went up 0.7 percent, compared to a flat reading in the preceding two months. It was the highest monthly figure since April 2014. Inflation Rate in Japan averaged 3.02 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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Japan Inflation Rate Rises More than Estimated


Consumer prices in Japan rose 0.6 percent year-on-year in November of 2017, following a 0.2 percent gain in the prior month. The figure was slightly above market consensus of 0.5 percent, due to a jump in cost of transport while prices of food fell much less than in the prior month.

In November, prices of food declined by 0.1 percent year-on-year, much slower than a 1.3 percent fall in October, namely, fresh food (-6.1 percent from -12.1 percent), fish and seafood (4.7 percent from 5.3 percent) and fresh fruits (-5.3 percent from -5.4 percent). Also, prices fell less for dairy product and eggs (-0.4 percent from -0.5 percent).

Meanwhile, prices increased more for: transport & communication (0.8 percent, after being flat in a month earlier) and miscellaneous (0.5 percent from 0.2 percent). In addition, cost rebounded for culture and recreation (0.3 percent from -0.1 percent). At the same time, inflation was steady for: medical care (at 1.6 percent) and education (at 0.4 percent). Meantime, cost went up less for fuel, light and water charges (5.9 percent from 6.2 percent), as cost of  of electricity went up at a slower 7.3 percent (from 7.9 percent in the prior two months).  

On the other hand, cost continued to fall for: housing (-0.1 percent from -0.1 percent); furniture and household utensils (-0.5 percent from -0.3 percent) and clothes and footwear (-0.3 percent from -0.1 percent).  

Core consumer prices, which exclude fresh food, rose 0.9 percent from a year earlier, after a 0.8 percent rise in October while markets expected 0.8 percent. It  was the highest figure since March of 2015.

On a monthly basis, consumer prices went up 0.7 percent, compared to a flat reading in the preceding two months. It was the highest monthly figure since April 2014.

In Tokyo, consumer prices rose 1.0 percent year-on-year in December 2016 while markets estimated a 0.6 percent rise. Core consumer prices, which exclude fresh food went up by 0.8 percent and slightly above expectations of a 0.7 percent gain.


Statistics Japan l Rida Husna | rida@tradingeconomics.com
12/26/2017 1:16:08 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-10-26 11:30 PM Inflation Rate YoY 0.7% 0.7% 0.7% 0.8%
2017-11-30 11:30 PM Inflation Rate YoY 0.2% 0.7% 0.2% 0.4%
2017-12-25 11:30 PM Inflation Rate YoY 0.6% 0.2% 0.5% 0.8%
2018-01-25 11:30 PM Inflation Rate YoY 0.6% 0.70%
2018-02-22 11:30 PM Inflation Rate YoY 0.70%
2018-03-22 11:30 PM Inflation Rate YoY 0.70%


Japan Prices Last Previous Highest Lowest Unit
Inflation Rate 0.60 0.20 24.90 -2.50 percent [+]
Inflation Rate Mom 0.70 0.00 4.10 -1.10 percent [+]
Consumer Price Index CPI 100.90 100.60 100.90 17.40 Index Points [+]
Core Consumer Prices 100.70 100.60 100.80 31.00 Index Points [+]
Core Inflation Rate 0.90 0.80 24.70 -2.40 percent [+]
GDP Deflator 101.30 104.00 120.00 87.80 Index Points [+]
Producer Prices 99.80 99.40 112.50 47.40 Index Points [+]
Export Prices 97.40 97.20 207.30 84.10 Index Points [+]
Import Prices 95.10 94.10 190.40 45.90 Index Points [+]
Food Inflation -0.10 -1.30 31.60 -3.70 percent [+]
CPI Housing Utilities 99.70 99.70 102.20 25.50 Index Points [+]
CPI Transportation 98.90 98.40 104.40 38.50 Index Points [+]
Producer Prices Change 3.50 3.40 33.90 -8.60 percent [+]


Japan Inflation Rate

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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.60 0.20 24.90 -2.50 1958 - 2017 percent Monthly
2015=100




inflation rate by Country
Country Last
Australia 1.80 Sep/17
Brazil 2.80 Nov/17
Canada 2.10 Nov/17
China 1.70 Nov/17
Euro Area 1.40 Dec/17
France 1.20 Dec/17
Germany 1.70 Dec/17
India 4.88 Nov/17
Indonesia 3.61 Dec/17
Italy 0.90 Dec/17
Japan 0.60 Nov/17
Mexico 6.63 Nov/17
Netherlands 1.50 Nov/17
Russia 2.50 Dec/17
South Korea 1.50 Dec/17
Spain 1.20 Dec/17
Switzerland 0.80 Dec/17
Turkey 11.92 Dec/17
United Kingdom 3.10 Nov/17
United States 2.20 Nov/17


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