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

Consumer prices in Japan rose by 1.4 percent year-on-year in January of 2018, after a 1.0 percent gain in the prior month while markets estimated 1.3 percent. It was the highest inflation rate since March 2015, mainly driven by a jump in cost of food. On a monthly basis, consumer prices went up 0.4 percent, compared to a 0.2 percent increase in the preceding month. Inflation Rate in Japan averaged 3.02 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 Inflation Rate at 34-Month High of 1.4% in January


Consumer prices in Japan rose by 1.4 percent year-on-year in January of 2018, after a 1.0 percent gain in the prior month while markets estimated 1.3 percent. It was the highest inflation rate since March 2015, mainly driven by a jump in cost of food.

In January, prices of food increased by 3.2 percent year-on-year, following a 1.8 percent rise in December. It was the highest food inflation since November 2016, as cost surged for fresh food (12.5 percent from 4.8 percent), while continued to rise for fish and seafood (5.2 percent from 5.6 percent) and rebounded for fresh fruits (4.4 percent from -0.4 percent). Meantime, prices were flat for dairy product and eggs ( from -1.1 percent in a month earlier).

In addition, cost rebounded for clothes and footwear (0.5 percent from -0.3 percent) and went up at a faster pace for culture and recreation (0.5 percent from 0.4 percent). At the same time, cost increased less for: miscellaneous (0.5 percent from 0.7 percent); fuel, light and water charges (4.6 percent from 5.2 percent, as cost of electricity went up by 6.4 percent, after a 6.7 percent rise in the prior month) and transport & communication (0.7 percent from 0.8 percent). Inflation was steady for: medical care (1.6 percent) and education (0.4 percent). 

On the other hand, prices continued to fall for: housing (-0.1 percent from -0.1 percent) and furniture and household utensils (-1.2 percent from -0.9 percent)

Core inflation rate, which exclude fresh food, remained at 0.9 percent, it highest since March of 2015.

On a monthly basis, consumer prices went up 0.4 percent, compared to a 0.2 percent increase in the preceding month.


Statistics Japan l Rida Husna | rida@tradingeconomics.com
2/23/2018 1:40:35 AM



Calendar GMT Actual Previous Consensus TEForecast
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 1% 0.6% 1.1% 0.8%
2018-02-22 11:30 PM Inflation Rate YoY 1.4% 1% 1.3% 1.1%
2018-03-22 11:30 PM Inflation Rate YoY 1.4% 1.2%
2018-04-27 11:30 PM Inflation Rate YoY 1.1%
2018-05-25 11:30 PM Inflation Rate YoY 1%


Japan Prices Last Previous Highest Lowest Unit
Inflation Rate 1.40 1.00 24.90 -2.50 percent [+]
Inflation Rate Mom 0.40 0.20 4.10 -1.10 percent [+]
Consumer Price Index CPI 101.30 101.20 101.30 17.40 Index Points [+]
Core Consumer Prices 100.40 100.70 100.80 31.00 Index Points [+]
Core Inflation Rate 0.90 0.90 24.70 -2.40 percent [+]
GDP Deflator 104.70 101.40 120.00 87.80 Index Points [+]
Producer Prices 100.30 100.00 112.50 47.40 Index Points [+]
Export Prices 97.30 97.70 207.30 84.10 Index Points [+]
Import Prices 96.60 97.00 190.40 45.90 Index Points [+]
Food Inflation 3.20 1.80 31.60 -3.70 percent [+]
CPI Housing Utilities 99.60 99.60 102.20 25.50 Index Points [+]
CPI Transportation 99.10 99.20 104.40 38.50 Index Points [+]
Producer Prices Change 2.70 3.00 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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.40 1.00 24.90 -2.50 1958 - 2018 percent Monthly
2015=100




inflation rate by Country
Country Last
Australia 1.90 Dec/17
Brazil 2.86 Jan/18
Canada 1.70 Jan/18
China 1.50 Jan/18
Euro Area 1.30 Jan/18
France 1.30 Jan/18
Germany 1.60 Jan/18
India 5.07 Jan/18
Indonesia 3.25 Jan/18
Italy 0.90 Jan/18
Japan 1.40 Jan/18
Mexico 5.55 Jan/18
Netherlands 1.50 Jan/18
Russia 2.20 Jan/18
South Korea 1.00 Jan/18
Spain 0.60 Jan/18
Switzerland 0.70 Jan/18
Turkey 10.35 Jan/18
United Kingdom 3.00 Jan/18
United States 2.10 Jan/18


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