Japan’s producer prices rose 6.3% yoy in May 2026, accelerating from an upwardly revised 5.3% increase in the prior month and topping market expectations of 5.5%. It was the fastest annual growth since March 2023, reflecting persistent cost pressures, particularly from higher energy prices amid supply chain disruptions stemming from the conflict involving Iran. Main upward pressure came from rising prices of transport equipment (2.0% vs 1.8% in April), drinks and foods (4.1% vs 4.1%), chemicals (13.4% vs 10.1%), petroleum & coal (13.8% vs 5.3%), electrical machinery (3.2% vs 4.1%), production machinery (3.4% vs 3.8%), metal products (1.6% vs 1.1%), electronic components (2.8% vs 3.0%), and information and communications (13.1% vs 12.4%), and textile (1.2% vs 0.7%). Meanwhile, the cost of iron & steel fell more slowly (-1.2% vs -1.9%). Monthly, producer prices increased 0.9%, easing from an upwardly revised 2.8% rise in April, which had been the strongest monthly gain since April 2014. source: Bank of Japan

Producer Prices in Japan increased 6.30 percent in May of 2026 over the same month in the previous year. Producer Prices Change in Japan averaged 1.63 percent from 1961 until 2026, reaching an all time high of 33.90 percent in February of 1974 and a record low of -8.60 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 Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Producer Prices in Japan increased 6.30 percent in May of 2026 over the same month in the previous year. Producer Prices Change in Japan is expected to be 5.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Producer Prices Change is projected to trend around 1.80 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-14 11:50 PM
PPI YoY
Apr 4.9% 2.9% 3% 3.1%
2026-06-09 11:50 PM
PPI YoY
May 6.3% 5.3% 5.5% 5.5%
2026-07-09 11:50 PM
PPI YoY
Jun 6.3% 5.9%


Related Last Previous Unit Reference
Export Prices 162.20 161.40 points May 2026
Import Prices 193.20 182.70 points May 2026
Inflation Expectations 2.40 2.40 percent Mar 2026
PPI MoM 0.90 2.80 percent May 2026
Producer Prices 134.50 133.30 points May 2026
PPI YoY 6.30 5.30 percent May 2026


Japan Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
Actual Previous Highest Lowest Dates Unit Frequency
6.30 5.30 33.90 -8.60 1961 - 2026 percent Monthly
NSA

News Stream
Japan Producer Prices Rise the Most in Over 3 Years
Japan’s producer prices rose 6.3% yoy in May 2026, accelerating from an upwardly revised 5.3% increase in the prior month and topping market expectations of 5.5%. It was the fastest annual growth since March 2023, reflecting persistent cost pressures, particularly from higher energy prices amid supply chain disruptions stemming from the conflict involving Iran. Main upward pressure came from rising prices of transport equipment (2.0% vs 1.8% in April), drinks and foods (4.1% vs 4.1%), chemicals (13.4% vs 10.1%), petroleum & coal (13.8% vs 5.3%), electrical machinery (3.2% vs 4.1%), production machinery (3.4% vs 3.8%), metal products (1.6% vs 1.1%), electronic components (2.8% vs 3.0%), and information and communications (13.1% vs 12.4%), and textile (1.2% vs 0.7%). Meanwhile, the cost of iron & steel fell more slowly (-1.2% vs -1.9%). Monthly, producer prices increased 0.9%, easing from an upwardly revised 2.8% rise in April, which had been the strongest monthly gain since April 2014.
2026-06-09
Japan Producer Prices Rise the Most in Near 3 Years
Japan’s producer prices rose 4.9% yoy in April 2026, accelerating from an upwardly revised 2.9% increase in the prior month and exceeding market estimates of 3%. This was the fastest annual growth since May 2023, amid intense cost pressures following a spike in energy costs linked to supply chain disruptions from the war in Iran. Main upward pressure came from transport equipment (1.6% vs 1.4% in March), drinks and foods (4.1% vs 4.3%), chemicals (9.2% vs 0.8%), petroleum & coal (5.3% vs -7.1%), electrical machinery (3.8% vs 2.9%), production machinery (3.8% vs 4.2%), metal products (1.0% vs 0.6%), electronic components (2.9% vs 2.6%), and information and communications (5.8% vs 6.5%). At the same time, textile prices rebounded (0.7% vs -0.5%), while the cost of iron & steel fell more slowly (-1.9% vs 4.9%). On a monthly basis, producer prices increased 2.3%, picking up from a 1.0% gain in March and marking the strongest monthly rise since April 2014.
2026-05-14
Japan Producer Prices Rise the Most in 4 Months
Japan’s producer prices rose 2.6% yoy in March 2026, quickening from a marginally revised 2.1% increase in the prior month and topping market estimates of 2.4%. This was the fastest annual growth since November, amid elevated cost pressures. Price growth accelerated for transport equipment (1.3% vs 1.2% in February), production machinery (4.1% vs 2.7%), and information and communications (3.0% vs 2.5%). At the same time, prices fell at a milder pace for chemicals (-0.4% vs -2.5%), iron & steel (-5.0% vs -5.5%), and petroleum & coal (-7.3% vs -11.7%). In contrast, inflation slowed for drinks and foods (4.3% vs 4.8%), other manufacturing (2.3% vs 2.5%), metal products (0.6% vs 1.1%), general-purpose machinery (2.4% vs 2.8%), non-ferrous metals (31.1% vs 32.6%), electrical machinery (2.6% vs 2.7%), and business-oriented machinery (2.6% vs 2.7%). Monthly, producer prices increased 0.8%, picking up from a 0.1% gain in February, marking the strongest monthly rise since November 2022.
2026-04-10