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

Japan's consumer price inflation stood at 0.7 percent year-on-year in June of 2018, unchanged from the previous month and below market consensus of 0.8 percent. Food inflation hit its lowest since a deflation in last November while cost of transport rose at a faster pace and cost of housing continued to fall. Core inflation rate, which excludes fresh food, rose to 0.8 percent from 0.7 percent in May and in line with estimates. It is the highest figure since March. On a monthly basis, consumer prices went up by 0.1 percent, the same as in the prior month. Inflation Rate in Japan averaged 3 percent from 1958 until 2018, 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 June Inflation Rate Weaker than Estimated


Japan's consumer price inflation stood at 0.7 percent year-on-year in June of 2018, unchanged from the previous month and below market consensus of 0.8 percent. Food inflation hit its lowest since a deflation in last November while cost of transport rose at a faster pace and cost of housing continued to fall.

In June, prices of food increased by 0.4 percent year-on-year, slower than a 0.8 percent rise in May. It was the lowest food inflation since a deflation in last November, as cost rose less for fish and seafood (3.2 percent from 3.5 percent); and dairy product and eggs (2.9 percent from 3 percent), while dropped for fresh food (-1.2 percent from -0.7 percent); and fresh fruits (-1.3 percent from 2.6 percent).

Meanwhile, cost went up at a faster pace for: transport & communication (1.4 percent from 1.3 percent); culture and recreation (0.8 percent, after a flat reading in May); fuel, light and water charges (3.3 percent from 3.1 percent) as cost of electricity increased by 3.1 percent, faster than a 3.3 percent rise in the prior month); miscellaneous (0.4 percent from 0.3 percent); medical care (2 percent from 1.9 percent); and education (0.5 percent from 0.3 percent). Cost of clothes and footwear was flat, following a 0.1 percent rise in a month earlier.

At the same time, cost continued to fall for housing (-0.1 percent from - 0.1 percent fall in May); and furniture and household utensils (-1 percent from -1.5 percent).

Core inflation rate, which excludes fresh food, rose to 0.8 percent from 0.7 percent in May and in line with estimates. It is the highest figure since March.

On a monthly basis, consumer prices went up by 0.1 percent, the same as in the prior month.


Statistics Japan l Rida | rida@tradingeconomics.com
7/20/2018 2:43:03 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-05-17 11:30 PM Inflation Rate YoY 0.6% 1.1% 0.7% 1.3%
2018-06-21 11:30 PM Inflation Rate YoY 0.7% 0.6% 0.3% 0.6%
2018-07-19 11:30 PM Inflation Rate YoY 0.7% 0.7% 0.8% 0.9%
2018-08-23 11:30 PM Inflation Rate YoY 0.7% 0.4% 0.5%
2018-09-20 11:30 PM Inflation Rate YoY 1.1%
2018-10-18 11:30 PM Inflation Rate YoY 1.1%


Japan Prices Last Previous Highest Lowest Unit
Inflation Rate 0.70 0.70 24.90 -2.50 percent [+]
Inflation Rate Mom 0.10 0.10 4.10 -1.10 percent [+]
Consumer Price Index CPI 100.90 101.00 101.30 17.40 Index Points [+]
Core Consumer Prices 101.00 101.00 101.00 31.00 Index Points [+]
Core Inflation Rate 0.80 0.70 24.70 -2.40 percent [+]
GDP Deflator 104.20 101.50 120.00 87.80 Index Points [+]
Producer Prices 101.80 101.30 112.50 47.40 Index Points [+]
Export Prices 97.60 97.20 207.30 84.10 Index Points [+]
Import Prices 101.70 100.60 190.40 45.90 Index Points [+]
Food Inflation 0.40 0.80 31.60 -3.70 percent [+]
CPI Housing Utilities 99.60 99.60 102.20 25.50 Index Points [+]
CPI Transportation 99.60 99.60 104.40 38.50 Index Points [+]
Producer Prices Change 3.10 2.80 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 August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.70 24.90 -2.50 1958 - 2018 percent Monthly
2015=100




inflation rate by Country
Country Last
Australia 2.10 Jun/18
Brazil 4.48 Jul/18
Canada 3.00 Jul/18
China 2.10 Jul/18
Euro Area 2.10 Jul/18
France 2.30 Jul/18
Germany 2.00 Jul/18
India 4.17 Jul/18
Indonesia 3.18 Jul/18
Italy 1.50 Jul/18
Japan 0.70 Jun/18
Mexico 4.81 Jul/18
Netherlands 2.10 Jul/18
Russia 2.50 Jul/18
South Korea 1.50 Jul/18
Spain 2.20 Jul/18
Switzerland 1.20 Jul/18
Turkey 15.85 Jul/18
United Kingdom 2.50 Jul/18
United States 2.90 Jul/18


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