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

Consumer prices in Japan rose 0.4 percent year-on-year in April of 2017, following a 0.2 percent rise in March and matching market consensus. It was the highest inflation rate since January, mainly driven by faster rises in cost of food and transport while cost of housing continued to fall. Core consumer prices, which exclude fresh food, went up 0.3 percent on the year, following a 0.2 percent gain in the prior month while market estimated a 0.4 percent rise. It was the fourth straight month of increase and marking its highest level since April 2015. On a monthly basis, consumer prices went up 0.1 percent, compared to a 0.1 percent drop in the prior two months. Inflation Rate in Japan averaged 3.05 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)
2017-03-30 11:30 PM Feb 0.3% 0.4% 0.3% 0.2%
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% 0.3%
2017-07-28 11:30 PM Jun 0.3%
2017-08-25 11:30 PM Jul 0.4%




Japan Inflation Rate At 3-Month High Of 0.4% In April


Consumer prices in Japan rose 0.4 percent year-on-year in April of 2017, following a 0.2 percent rise in March and matching market consensus. It was the highest inflation rate since January, mainly driven by faster rises in cost of food and transport while cost of housing continued to fall.

Year-on-year, upward prices pressure came from: food (0.9 percent from 0.5 percent in a month earlier, namely fresh food: 1.8 percent from -0.4 percent); fuel, light and water charges (0.9 percent from -0.8 percent), medical care (0.2 percent from 0.5 percent), transportation and communication (0.3 percent from 0.2 percent), education (0.7 percent from 1.0 percent), culture and recreation (0.6 percent from 0.7 percent) and miscellaneous (0.2 percent from 0.4 percent). In contrast, cost declined for: housing (-0.2 percent from -0.2 percent), furniture and household utensils (-0.9 percent from -0.8 percent) and clothes and footwear (-0.1 percent from 0.6 percent).

Core consumer prices, which exclude fresh food, went up 0.3 percent on the year, following a 0.2 percent gain in the prior month while market estimated a 0.4 percent rise. It was the fourth straight month of increase and marking its highest level since April 2015. 

On a monthly basis, consumer prices went up 0.1 percent, following a 0.1 percent drop in the prior two months.

In Tokyo, consumer prices rose 0.2 percent in May, after a 0.1 percent drop in April while market estimated a flat reading. Core consumer prices, which exclude fresh food, increased 0.1 percent from a year earlier, compared to a 0.1 percent fall in the previous month. It was the first anual rise since December 2015.

Statistics Japan l Rida Husna | rida@tradingeconomics.com
5/26/2017 12:49:59 AM


Recent Releases

Japan Inflation Rate At 5-Month Low Of 0.2% In March
Consumer prices in Japan rose 0.2 percent year-on-year in March of 2017, compared to a 0.3 percent rise in February and below market consensus of a 0.3 percent gain. It was the lowest inflation rate since October 2016, driven by a slowdown in cost of food and transport while cost of housing fall further.
Published on 2017-04-28

Japan Inflation Rate Slows To 0.3% In February
Consumer prices in Japan rose 0.3 percent year-on-year in February of 2017, following a 0.4 percent rise in January and in line with market expectations. While prices of food eased sharply, inflation was steady for transport and cost of housing continued to fall.
Published on 2017-03-31

Japan Inflation Rate Rises To 0.4% In January
Consumer prices in Japan increased 0.4 percent year-on-year in January of 2017, higher than a 0.3 percent rise in December and in line with market expectations. Transportation cost posted the first annual gain since March of 2015 and prices went up faster for clothing and footwear and recreation and culture. Core consumer prices which exclude fresh food rose 0.1 percent on the year, following a flat reading in December. It is the first annual rise since December of 2015.
Published on 2017-03-03

Japan Inflation Rate Slows Less Than Expected
Consumer prices in Japan increased 0.3 percent year-on-year in December of 2016, easing from a 0.5 percent rise in November but above market expectations of 0.2 percent. Prices rose less for food and continued to fall for housing, utilities and transport. The core index which excludes fresh food edged down 0.2 percent, the least in ten months.
Published on 2017-01-27



Japan Prices Last Previous Highest Lowest Unit
Inflation Rate 0.40 0.20 24.90 -2.50 percent [+]
Inflation Rate Mom 0.10 -0.10 4.10 -1.10 percent [+]
Consumer Price Index CPI 100.30 99.90 100.90 17.40 Index Points [+]
Core Consumer Prices 100.10 99.80 100.80 31.00 Index Points [+]
Core Inflation Rate 0.30 0.20 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 94.60 93.70 207.30 84.10 Index Points [+]
Import Prices 93.50 91.40 190.40 45.90 Index Points [+]
Food Inflation 0.90 0.50 31.60 -3.70 percent [+]
Producer Prices Change 2.10 2.10 33.90 -8.60 percent [+]
Cpi Housing Utilities 99.80 99.80 102.20 25.50 Index Points [+]
Cpi Transportation 98.20 97.80 104.40 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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.20 24.90 -2.50 1958 - 2017 percent Monthly
2015=100



inflation rate by Country

Last
Australia 2.10 Mar/17
Brazil 3.60 May/17
Canada 1.30 May/17
China 1.50 May/17
Euro Area 1.40 May/17
France 0.80 May/17
Germany 1.50 May/17
India 2.18 May/17
Indonesia 4.33 May/17
Italy 1.40 May/17
Japan 0.40 Apr/17
Mexico 6.16 May/17
Netherlands 1.10 May/17
Russia 4.10 May/17
South Korea 2.00 May/17
Spain 1.90 May/17
Switzerland 0.50 May/17
Turkey 11.72 May/17
United Kingdom 2.90 May/17
United States 1.90 May/17