Japan Inflation Rate  1958-2016 | Data | Chart | Calendar | Forecast

Consumer prices in Japan dropped by 0.4 percent year-on-year in June of 2016, the same as in May and matching market expectations. It was the 4th straight month of decline. Core consumer prices fell 0.5 percent from a year earlier in June, following a 0.4 percent decline in May while market estimates of a 0.4 percent decrease. It was the deepest drop since March 2013. The so-called core-core consumer prices, which excludes food and energy prices rose 0.4 percent year-on-year, compared to a 0.6 percent rise in May. On a monthly basis, consumer prices declined by 0.2 percent, compared to a 0.1 percent increase in the previous month. Inflation Rate in Japan averaged 3.09 percent from 1958 until 2016, reaching an all time high of 25 percent in February of 1974 and a record low of -2.52 percent in October of 2009. Inflation Rate in Japan is reported by the Ministry of Internal Affairs & Communications.

Japan Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-0.40 -0.40 25.00 -2.52 1958 - 2016 percent Monthly
2010=100
In Japan, the most important categories in the consumer price index are Food (25 percent of total weight) and Housing (21 percent). Transportation and communications accounts for 14 percent; Culture and recreation for 11.5 percent; Fuel, light and water charges for 7 percent; Medical care for 4.3 percent; Clothes and footwear for 4 percent. Furniture and household utensils, Education and Miscellaneous goods and services account for the remaining. 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 - actual data, historical chart and calendar of releases - was last updated on July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-26 11:30 PM Apr -0.3% -0.1% -0.3% 0.0%
2016-06-30 11:30 PM May -0.4% -0.3% -0.1%
2016-07-28 11:30 PM Jun -0.4% -0.4% -0.4% -0.3%
2016-08-25 11:30 PM Jul -0.4% -0.5%
2016-09-29 11:30 PM Aug -0.2%
2016-10-27 11:30 PM Sep -0.1%

Japan CPI Falls for 4th Month


Consumer prices in Japan dropped by 0.4 percent year-on-year in June of 2016, the same as in May and matching market expectations. It was the 4th straight month of decline, as prices of food increased at a faster pace while cost of housing declined further and cost of transport fell less than in the preceding month.

Year-on-year, cost declined for: housing (-0.1 percent in July from -0.1 in June); fuel, light and water charges (-8.7 percent from -9.0 percent) and transport and communication (-2.4 percent from -2.7 percent). In contrast, prices rose for: food (+1.1 percent from +0.9 percent), clothes and footwear (+2.0 percent from +2.2 percent), medical care (+0.6 percent from +0.5 percent), education (+1.4 percent from +1.4 percent), culture and recreation (+1.1 percent from +2.0 percent) and miscellaneous goods and services (+0.9 percent from +1.0 percent).

Core consumer prices fell 0.5 percent from a year earlier, following a 0.4 percent decline in May, while market estimates of a 0.4 percent decrease. It was the deepest drop since March 2013. The so-called core-core consumer prices, which excludes food and energy prices rose 0.4 percent year-on-year, compared to a 0.6 percent rise in May. 

On a monthly basis, consumer prices declined by 0.2 percent, compared to a 0.1 percent increase in the previous month.

In Tokyo, consumer prices dropped by 0.4 percent year-on-year in July, compared to a 0.5 percent fall in June. Core consumer prices, which exclude fresh food, fell 0.4 percent from a year earlier, following a 0.5 percent drop in the preceding month.

Statistics Bureau of Japan l Rida Husna | rida@tradingeconomics.com
7/29/2016 1:17:19 AM

Japan Prices Last Previous Highest Lowest Unit
Inflation Rate -0.40 -0.40 25.00 -2.52 percent [+]
Inflation Rate Mom -0.20 0.10 4.10 -1.10 percent [+]
Consumer Price Index CPI 103.30 103.60 104.50 18.00 Index Points [+]
Core Consumer Prices 103.00 103.00 104.10 32.00 Index Points [+]
Core Inflation Rate -0.50 -0.40 24.40 -2.40 percent [+]
GDP Deflator 93.40 96.20 113.00 87.80 Index Points [+]
Producer Prices 99.20 99.40 115.50 48.70 Index Points [+]
Export Prices 98.60 100.80 207.30 94.00 Index Points [+]
Import Prices 91.10 91.70 190.40 45.90 Index Points [+]
Food Inflation 1.10 0.90 31.60 -3.70 percent [+]
Producer Prices Change -4.20 -4.20 33.90 -8.60 percent [+]
Cpi Transportation 101.70 101.10 108.10 39.90 Index Points [+]




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