Japan's consumer prices rose by 0.2 percent year-on-year in September 2021, rebounding from a 0.4 percent drop a month earlier and posting the first annual gain since August 2020. There were rises in cost of food (0.9 percent vs -1.1 percent in August), housing (0.7 percent, the same as in August), fuel, light and water charges (4.4 percent vs 2.5 percent), furniture and household utensils (1.7 percent vs 2.9 percent), culture & recreation (3.3 percent vs 3.7 percent), and miscellaneous (1.2 percent, the same as in August). On the other hand, prices continued to fall for both transportation & communication (-6.4 percent vs -6.6 percent) and medical care (-0.2 percent vs -0.1 percent). Core consumer prices, which exclude fresh food, edged up 0.1 percent, the first month of increase since March 2020 on the back of rising fuel prices. On a seasonally adjusted monthly basis, consumer prices went up 0.4 percent in September, the most since January. source: Ministry of Internal Affairs & Communications
Inflation Rate in Japan averaged 2.86 percent from 1958 until 2021, reaching an all time high of 24.90 percent in February of 1974 and a record low of -2.50 percent in October of 2009. This page provides the latest reported value for - Japan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Inflation Rate in Japan is expected to be 0.50 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 is projected to trend around 0.70 percent in 2022 and 1.40 percent in 2023, according to our econometric models.