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

Japan's consumer price inflation fell to 0.6 percent year-on-year in April of 2018 from 1.1 percent in the prior month and below market consensus of 0.7 percent. It is the lowest rate since last November, as food inflation eased to 5-month low and cost of transport increased less. Core inflation rate, which excludes fresh food, eased to 0.7 percent from 0.9 percent in March, while markets estimated 0.7 percent. It is the lowest figure since September 2017. On a monthly basis, consumer prices declined by 0.4 percent, the same as in the preceding month. Inflation Rate in Japan averaged 3.01 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
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.




Japan April Inflation Rate Weaker than Expected


Japan's consumer price inflation fell to 0.6 percent year-on-year in April of 2018 from 1.1 percent in the prior month and below market consensus of 0.7 percent. It is the lowest rate since last November, as food inflation eased to 5-month low and cost of transport increased less.

In April, prices of food increased by 0.7 percent year-on-year, much slower than a 1.9 percent rise in March. It is the lowest food inflation since a decline in November 2017 as cost rose less for fresh fruits (2.2 percent from 3.3 percent) and fish and seafood (1.3 percent from 4.4 percent), while fell for fresh food (-1.5 percent from 6.3 percent). Meantime, prices of dairy product and eggs went up by 2.6 percent, following a 0.3 percent drop in the previous month.

In addition, cost went up at a softer pace for: fuel, light and water charges (3.6 percent from 4 percent as cost of electricity increased by 4.4 percent, softer than a 5.2 percent rise in the prior month); transport & communication (1.1 percent from 1.7 percent); culture and recreation (0.2 percent from 0.5 percent); and miscellaneous (0.1 percent from 0.5 percent). At the same time, cost continued to fall for housing (-0.2 percent, compared to -0.2 percent) and furniture and household utensils (-1.5 percent from -1.4 percent). On the other hand, cost rose more for medical care (1.9 percent from 1.7 percent); while picked up for clothes and footwear (0.1 percent, compared to a flat reading in March); and inflation was steady for education (0.3 percent).

Core inflation rate, which excludes fresh food, eased to 0.7 percent from 0.9 percent in March, while markets estimated 0.7 percent. It is the lowest figure since September 2017.

On a monthly basis, consumer prices declined by 0.4 percent, the same as in the preceding month.


Statistics Japan l Rida | rida@tradingeconomics.com
5/18/2018 8:36:39 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-03-22 11:30 PM Inflation Rate YoY 1.5% 1.4% 1.7% 1.4%
2018-04-19 11:30 PM Inflation Rate YoY 1.1% 1.5% 1.1% 1.5%
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 0.6% 0.3% 0.6%
2018-07-19 11:30 PM Inflation Rate YoY 0.9%
2018-08-23 11:30 PM Inflation Rate YoY 1.2%


Japan Prices Last Previous Highest Lowest Unit
Inflation Rate 0.60 1.10 24.90 -2.50 percent [+]
Inflation Rate Mom -0.40 -0.40 4.10 -1.10 percent [+]
Consumer Price Index CPI 100.90 101.00 101.30 17.40 Index Points [+]
Core Consumer Prices 100.90 100.60 100.90 31.00 Index Points [+]
Core Inflation Rate 0.70 0.90 24.70 -2.40 percent [+]
GDP Deflator 101.50 104.70 120.00 87.80 Index Points [+]
Producer Prices 101.10 100.40 112.50 47.40 Index Points [+]
Export Prices 96.90 95.80 207.30 84.10 Index Points [+]
Import Prices 98.60 96.00 190.40 45.90 Index Points [+]
Food Inflation 0.70 1.90 31.60 -3.70 percent [+]
CPI Housing Utilities 99.60 99.60 102.20 25.50 Index Points [+]
CPI Transportation 99.30 99.50 104.40 38.50 Index Points [+]
Producer Prices Change 2.70 2.10 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 June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.60 1.10 24.90 -2.50 1958 - 2018 percent Monthly
2015=100




inflation rate by Country
Country Last
Australia 1.90 Mar/18
Brazil 2.86 May/18
Canada 2.20 Apr/18
China 1.80 May/18
Euro Area 1.90 May/18
France 2.00 May/18
Germany 2.20 May/18
India 4.87 May/18
Indonesia 3.23 May/18
Italy 1.00 May/18
Japan 0.60 Apr/18
Mexico 4.51 May/18
Netherlands 1.70 May/18
Russia 2.40 May/18
South Korea 1.50 May/18
Spain 2.10 May/18
Switzerland 1.00 May/18
Turkey 12.15 May/18
United Kingdom 2.40 May/18
United States 2.80 May/18


Related

Latest