Consumer prices in Japan ex fresh food and energy increased 0.8% in May 2022 over the same month in the previous year, climbing by the same pace in April and highlighting the intensifying pressure on the country’s fragile economy from soaring global raw material costs. Meanwhile, the core consumer price index jumped 2.1% in May, exceeding the central bank’s target for a second straight month. This presents a challenge to the Bank of Japan which views such cost-push inflation as temporary and has repeatedly said it will keep monetary policy ultra-loose until robust domestic demand and strong wage growth become key drivers of inflation. source: Statistics Bureau of Japan
CPI Core Core in Japan averaged 2.37 percent from 1971 until 2022, reaching an all time high of 23.90 percent in October of 1974 and a record low of -1.70 percent in May of 2010. This page provides - Japan CPI Core Core- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan CPI Core Core - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.