Japan’s producer prices rose 2.3% year-on-year in January 2026, slightly easing from a 2.4% increase in the previous month and matching market expectations. This marked the slowest annual rise since May 2024. Cost moderated for: drinks and foods (4.7% vs 4.8% in December), other manufacturing (2.2% vs 2.3%), production machinery (3.3% vs 3.9%), plastics (0.3% vs 0.5%), electrical machinery (2.5% vs 2.7%), and metal products (0.2% vs 0.3%). In addition, prices remained weak for chemicals (-3.2% vs -3.0%), iron and steel (-5.5% vs -6.7%), and petroleum and coal products (-12.9% vs -8.3%). By contrast, inflation held steady for transport equipment (at 1.2%), while accelerating for general-purpose machinery (3.3% vs 2.7%), non-ferrous metals (33.0% vs 22.0%), information and communications (3.6% vs 3.2%), and business-oriented machinery (3.0% vs 2.4%). On a monthly basis, producer inflation edged up to 0.2% from the softest pace in four months of 0.1% in December, in line with forecasts. source: Bank of Japan

Producer Prices in Japan increased 2.30 percent in January of 2026 over the same month in the previous year. Producer Prices Change in Japan averaged 1.62 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 February of 2026.

Producer Prices in Japan increased 2.30 percent in January of 2026 over the same month in the previous year. Producer Prices Change in Japan is expected to be 2.00 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
2026-01-14 11:50 PM
PPI YoY
Dec 2.4% 2.7% 2.4% 2.5%
2026-02-11 11:50 PM
PPI YoY
Jan 2.3% 2.4% 2.3% 2.3%
2026-03-10 11:50 PM
PPI YoY
Feb 2.3%


Related Last Previous Unit Reference
Export Prices 151.10 146.90 points Jan 2026
Import Prices 166.80 163.60 points Jan 2026
Inflation Expectations 2.40 2.40 percent Dec 2025
PPI MoM 0.20 0.10 percent Jan 2026
Producer Prices 128.40 128.10 points Jan 2026
PPI YoY 2.30 2.40 percent Jan 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
2.30 2.40 33.90 -8.60 1961 - 2026 percent Monthly
NSA

News Stream
Japan Producer Prices Rise the Least in 20 Months
Japan’s producer prices rose 2.3% year-on-year in January 2026, slightly easing from a 2.4% increase in the previous month and matching market expectations. This marked the slowest annual rise since May 2024. Cost moderated for: drinks and foods (4.7% vs 4.8% in December), other manufacturing (2.2% vs 2.3%), production machinery (3.3% vs 3.9%), plastics (0.3% vs 0.5%), electrical machinery (2.5% vs 2.7%), and metal products (0.2% vs 0.3%). In addition, prices remained weak for chemicals (-3.2% vs -3.0%), iron and steel (-5.5% vs -6.7%), and petroleum and coal products (-12.9% vs -8.3%). By contrast, inflation held steady for transport equipment (at 1.2%), while accelerating for general-purpose machinery (3.3% vs 2.7%), non-ferrous metals (33.0% vs 22.0%), information and communications (3.6% vs 3.2%), and business-oriented machinery (3.0% vs 2.4%). On a monthly basis, producer inflation edged up to 0.2% from the softest pace in four months of 0.1% in December, in line with forecasts.
2026-02-11
Japan Producer Prices Rise the Least in 19 Months
Japan’s producer prices rose 2.4% year-on-year in December 2025, easing from a 2.7% increase in the previous month and in line with market expectations. This marked the slowest annual rise since May 2024. Cost moderated for: transport equipment (1.4% vs 1.5% in November), drinks and foods (5.0% vs 5.1%), general-purpose machinery (2.8% vs 3.0%), other manufacturing (2.3% vs 2.4%), production machinery (3.5% vs 4.0%), and plastics (0.4% vs 0.5%). In addition, prices remained weak for chemicals (-3.2% vs -3.5%), iron and steel (-6.7% vs -6.9%), and petroleum and coal products (-8.6% vs -2.5%). In contrast, inflation accelerated for non-ferrous metals (22.1% vs 14.9%), electrical machinery (2.5% vs 2.4%), metal products (0.3% vs 0.1%), information and communications (1.8% vs 1.6%), and business-oriented machinery (2.4% vs 0.9%).On a monthly basis, producer inflation slowed to 0.1% from 0.3% in November, matching forecasts and registering the softest pace in four months.
2026-01-14
Japan Producer Inflation Holds Steady at 2.7%
Japan’s producer prices rose 2.7% year-on-year in November 2025, unchanged from October and in line with market expectations. Cost continued to increase for most components: transport equipment (1.6% vs 1.5% in October), beverages and foods (4.9% vs 4.9% 5.0%), general-purpose machinery (2.7% vs 2.5%), other manufacturing (2.3% vs 2.6%), non-ferrous metals (14.9% vs 11.9%), electrical machinery (2.3% vs 1.7%), production machinery (3.6% vs 2.5%), metal products (0.1% vs 0.7%), plastics (0.3% vs 1.2%), information and communications (1.5% vs 0.3%), and business-oriented machinery (0.7% vs 0.8%). On the other hand, prices fell further for chemicals (-3.6% vs -3.8%), iron and steel (-6.8% vs -7.1%), and petroleum and coal products (-2.6% vs -0.8%). On a monthly basis, producer inflation increased 0.3%, also matching forecasts but easing from an upwardly revised 0.5% rise in the previous month.
2025-12-10