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

Consumer prices in Japan dropped by 0.1 percent year-on-year in March of 2016 , compared to a 0.3 percent rise in February and missing market expectations. It is the first decline since May 2013, as prices of food eased while cost of housing and transport declined further. Core consumer prices fell by 0.3 percent from a year earlier in March, after remaining unchanged in a month earlier and market consensus of a 0.2 percent fall. The so-called core-core consumer prices, which excludes food and energy prices rose 0.7 percent year-on-year, slowing from a 0.8 percent rise in February. Inflation Rate in Japan averaged 3.10 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
-0.10 0.30 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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-25 11:30 PM Jan 0% 0.2% 0.0% 0.2%
2016-03-24 11:30 PM Feb 0.3% 0% 0% 0.1%
2016-04-27 11:30 PM Mar -0.1% 0.3% 0% 0.2%
2016-05-26 11:30 PM Apr -0.1% 0.3%
2016-06-30 11:30 PM May 0.3%
2016-07-29 11:30 PM Jun 0.4%

Japan Consumer Prices Fall for 1st Time Since May 2013


Consumer prices in Japan dropped by 0.1 percent year-on-year in March of 2016, compared to a 0.3 percent rise in February and missing market expectations. It is the first decline since May 2013 as prices of food eased while cost of housing and transport declined further.

Year-on-year, cost declined for: housing (-0.1 percent in March from -0.1 percent in the preceding month); fuel, light and water charges (-8.5 percent from -7.3 percent) and transport and communication (-3.0 percent from -2.1 percent). In contrast, prices rose for: food (+2.6 percent from +2.7 percent), furniture and household utensils (+0.2 percent from +0.6 percent), clothes and footwear (+2.1 percent from +2.5 percent), medical care (+0.8 percent from +0.6 percent), education (+1.7 percent from +1.8 percent), culture and recreation (+1.7 percent from +2.2 percent) and miscellaneous goods and services (+0.8 percent from +0.7 percent).

Core consumer prices fell by 0.3 percent from a year earlier in March, after remaining unchanged in a month earlier and market consensus of a 0.2 percent fall. It is the fastest drop since April 2013. The so-called core-core consumer prices, which excludes food and energy prices rose 0.7 percent year-on-year, slowing from a 0.8 percent rise in February. 

On a monthly basis, consumer prices rose 0.1 percent, the same pace as in the previous month.

In Tokyo, consumer prices dropped by 0.1 percent year-on-year in March, after gaining 0.3 percent in February. Core consumer prices, which exclude fresh food, declined by 0.3 percent from a year earlier, the same pace as in the preceding month.


Statistics Bureau of Japan l Rida Husna | rida@tradingeconomics.com
4/28/2016 3:11:51 AM

Japan Prices Last Previous Highest Lowest Unit
Inflation Rate -0.10 0.30 25.00 -2.52 percent [+]
Inflation Rate Mom 0.10 0.10 4.10 -1.10 percent [+]
Consumer Price Index CPI 103.30 103.20 104.50 18.00 Index Points [+]
Core Consumer Prices 102.70 102.50 104.10 32.00 Index Points [+]
Core Inflation Rate -0.30 0.00 24.40 -2.40 percent [+]
GDP Deflator 96.30 93.10 113.00 87.80 Index Points [+]
Producer Prices 99.60 99.80 115.50 48.70 Index Points [+]
Export Prices 102.50 103.20 207.30 94.00 Index Points [+]
Import Prices 93.40 94.40 190.40 45.90 Index Points [+]
Food Inflation 2.60 2.70 31.60 -3.70 percent [+]
Producer Prices Change -3.80 -3.10 33.90 -8.60 percent [+]
Cpi Transportation 100.60 100.70 108.10 39.90 Index Points [+]




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