Japan’s producer prices rose 6.8% year-on-year in September 2026, slowing from August’s pace and market expectations of 7.6% and marking the weakest growth since May. The moderation suggests easing upstream cost pressures, although producer inflation remained elevated. Prices moderated for transport equipment (2.3% vs 2.5% in August), drinks and foods (4.2% vs 4.3%), petroleum & coal (11.5% vs 14.7%), production machinery (4.3% vs 4.5%), and textiles (1.4% vs 2.2%). Meanwhile, costs accelerated for chemicals (13.3% vs 13.0%), iron & steel (3.2% vs 2.7%), electrical machinery (5.1% vs 4.9%), metal products (5.1% vs 3.8%), electronic components (4.9% vs 4.4%), and information and communications (15.3% vs 14.8%).On a monthly basis, producer prices fell 0.3%, matching the revised decline in August and marking a second consecutive monthly contraction. The result also defied market expectations for a 0.5% increase. source: Bank of Japan

Producer Prices in Japan increased 6.80 percent in September of 2026 over the same month in the previous year. Producer Prices Change in Japan averaged 1.67 percent from 1961 until 2026, reaching an all time high of 33.90 percent in February of 1974 and a record low of -8.50 percent in August of 2009. This page provides - Japan Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Producer Price Index YoY - data, historical chart, forecasts and calendar of releases - was last updated on November of 2026.

Producer Prices in Japan increased 6.80 percent in September of 2026 over the same month in the previous year. Producer Prices Change in Japan is expected to be 7.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Producer Price Index YoY is projected to trend around 1.80 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-10 11:50 PM
PPI YoY
Aug 7.6% 7.7% 7.4% 7.8%
2026-10-12 11:50 PM
PPI YoY
Sep 6.8% 7.6% 7.6% 7.7%
2026-11-11 11:50 PM
PPI YoY
Oct 6.8%


Related Last Previous Unit Reference
Export Price Index 163.00 162.20 points Sep 2026
Import Price Index 193.80 194.10 points Sep 2026
Inflation Expectations 3.50 2.70 percent Sep 2026
Producer Price Index MoM -0.30 -0.30 percent Sep 2026
Producer Price Index 135.70 136.10 points Sep 2026
Producer Price Index YoY 6.80 7.60 percent Sep 2026


Japan Producer Price Index YoY
Japan’s Producer Price Index (PPI) measures changes in the prices of domestically produced goods sold in the domestic market, generally at the time of shipment by producers. It serves as an indicator of producer-level inflation and helps assess supply and demand conditions, monitor price pressures, and inform economic analysis and monetary policy decisions.
Actual Previous Highest Lowest Dates Unit Frequency
6.80 7.60 33.90 -8.50 1961 - 2026 percent Monthly
NSA

News Stream
Japan Producer Prices Rise the Least in 4 Months
Japan’s producer prices rose 6.8% year-on-year in September 2026, slowing from August’s pace and market expectations of 7.6% and marking the weakest growth since May. The moderation suggests easing upstream cost pressures, although producer inflation remained elevated. Prices moderated for transport equipment (2.3% vs 2.5% in August), drinks and foods (4.2% vs 4.3%), petroleum & coal (11.5% vs 14.7%), production machinery (4.3% vs 4.5%), and textiles (1.4% vs 2.2%). Meanwhile, costs accelerated for chemicals (13.3% vs 13.0%), iron & steel (3.2% vs 2.7%), electrical machinery (5.1% vs 4.9%), metal products (5.1% vs 3.8%), electronic components (4.9% vs 4.4%), and information and communications (15.3% vs 14.8%).On a monthly basis, producer prices fell 0.3%, matching the revised decline in August and marking a second consecutive monthly contraction. The result also defied market expectations for a 0.5% increase.
2026-10-12
Japan Producer Prices Rise More than Estimated
Japan’s producer prices rose 7.6% year-on-year in August 2026, following an upwardly revised 7.7% increase in the prior month, which had been the fastest pace since February 2023. The latest reading was above market expectations of 7.4%, indicating commodity and energy cost pressures. Prices continued to grow for all components, including transport equipment (2.4% vs 2.6% in July), drinks and foods (4.3% vs 4.0%), chemicals (13.9% vs 13.8%), petroleum & coal (14.7% vs 17.6%), iron & steel (2.4% vs 2.1%), electrical machinery (4.1% vs 4.9%), production machinery (3.9% vs 3.4%), metal products (3.5% vs 2.0%), electronic components (3.3% vs 3.4%), and information and communications (19.5% vs 18.8%), and textile (2.2% vs 1.8%). On a monthly basis, producer prices fell 0.2%, reversing an upwardly revised 0.4% gain in July and marking the first monthly decline in a year.
2026-09-11
Japan Producer Prices Rise Less than Estimated
Japan’s producer prices rose 7.2% year-on-year in July 2026, easing slightly from a marginally revised 7.3% increase in the prior month, which had been the fastest pace in more than three years. The latest reading came in slightly below market expectations of 7.4%, suggesting that commodity and energy cost pressures were somewhat softer than anticipated. Prices continued to grow for all components, including transport equipment (2.6% vs 2.3% in June), drinks and foods (4.0% vs 4.2%), chemicals (12.9% vs 15.1%), petroleum & coal (17.5% vs 22.8%), iron & steel (1.7% vs 0.3%), electrical machinery (4.6% vs 3.9%), production machinery (2.5% vs 1.8%), metal products (1.5% vs 1.3%), electronic components (3.3% vs 3.5%), and information and communications (17.3% vs 17.5%), and textile (1.1% vs 1.4%). On a monthly basis, producer prices edged up 0.1%, slowing sharply from an upwardly revised 0.5% gain in June and marking the weakest monthly gain in five months.
2026-08-12