The Consumer Price Index in Japan increased 0.30 percent in June of 2026 over the previous month. Inflation Rate MoM in Japan averaged 0.19 percent from 1970 until 2026, reaching an all time high of 4.10 percent in January of 1974 and a record low of -1.10 percent in November of 1977. source: Statistics Bureau of Japan

Inflation Rate MoM in Japan is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Inflation Rate MoM is projected to trend around 0.30 percent in 2027 and 0.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-18 11:30 PM
Inflation Rate MoM
May 0.4% 0.1% 0.3%
2026-07-23 11:30 PM
Inflation Rate MoM
Jun 0.3% 0.4% 0.2%
2026-08-20 11:30 PM
Inflation Rate MoM
Jul 0.3%


Related Last Previous Unit Reference
Consumer Price Index CPI 113.60 113.50 points Jun 2026
Core Consumer Prices 113.10 113.00 points Jun 2026
Core Inflation Rate YoY 1.60 1.40 percent Jun 2026
CPI Clothes and Footwear 113.10 113.40 points Jun 2026
Inflation Rate Ex-Food and Energy YoY 1.70 1.80 percent Jun 2026
CPI Education 89.90 89.80 points Jun 2026
CPI Food 128.60 128.70 points Jun 2026
CPI Housing Utilities 105.00 104.90 points Jun 2026
CPI Recreation and Culture 116.70 118.00 points Jun 2026
CPI Transportation and Communication 102.00 101.50 points Jun 2026
Food Inflation 3.20 3.50 percent Jun 2026
Inflation Rate YoY 1.70 1.50 percent Jun 2026
Inflation Rate MoM 0.30 0.40 percent Jun 2026
Tokyo Core CPI YoY 1.90 1.60 percent Jul 2026
Tokyo CPI YoY 2.00 1.70 percent Jul 2026
Tokyo CPI Ex Food and Energy YoY 2.00 1.90 percent Jul 2026


Japan Inflation Rate MoM
Inflation Rate MoM measures month over month change in the price of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.40 4.10 -1.10 1970 - 2026 percent Monthly
SA