Japan Inflation Rate 1958-2015 | Data | Chart | Calendar | Forecast

The inflation rate in Japan was recorded at 0.50 percent in May of 2015. Inflation Rate in Japan averaged 3.15 percent from 1958 until 2015, 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.

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Japan Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.60 25.00 -2.52 1958 - 2015 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. Content for - Japan Inflation Rate - was last refreshed on Thursday, July 2, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-05-01 12:30 AM Mar 2.3% 2.2% 2.3%
2015-05-29 12:30 AM Apr 0.6% 2.3% 0.51%
2015-06-26 12:30 AM May 0.5% 0.6% 0.5%
2015-07-25 12:30 AM Jun 0.5% 0.48%
2015-08-29 12:30 AM Jul 0.5%
2015-09-26 12:30 AM Aug 0.6%


Japan Inflation Rate at 2-Year Low


Consumer prices in Japan rose 0.5 percent year-on-year in May, following a 0.6 percent increase in April. The inflation slowed for the second straight month to the lowest since June of 2013 as lower fuel prices still weight down on the CPI.

Year-on-year, prices of transport and communication recorded the highest decrease (-2.4 percent), followed by fuel, light and water charges (-1.7 percent) and housing (-0.1 percent).

Upward pressures came mainly from cost of food (up 3.1 percent), clothing and footwear (up 1.8 percent), education (up 1.5 percent) and recreation and culture (up 0.7 percent). 

Core consumer prices including oil products but excluding fresh food rose 0.1 percent in May from a year earlier, slowing from a 0.3 percent increase in April and much below the central bank's 2 percent target. The so-called core-core inflation which excludes food and energy prices rose 0.4 percent, the same rate as in April.

On a monthly basis, the inflation rate eased to 0.3 percent in May from 0.4 percent in the previous two months.

In Tokyo, consumer prices rose at a slower pace of 0.3 percent year-on-year in June (0.5 percent in May). Monthly inflation fell to -0.4 percent from 0.1 percent in the previous month. 

Statistics Bureau of Japan | Joana Taborda | joana.taborda@tradingeconomics.com
6/26/2015 10:28:42 AM


Recent Releases

Japanese Inflation Rate Creeps Higher in April
Consumer prices in Japan rose 0.6 percent on a year in April, slowly increasing as the effects of last year's decline in oil prices deteriorates.
Published on 2015-05-29

Japanese Inflation Rate Rebounds in March
Consumer prices in Japan rose 2.3 percent on a year in March, up from 2.2 percent reported in the previous month and above market expectations.
Published on 2015-05-01

Japanese Inflation Rate Slows Further in February
Consumer prices in Japan rose 2.2 percent on a year in February, down from 2.4 percent reported in the previous month amid declining oil prices and weak demand.
Published on 2015-03-27

Japaniese Inflation Rate Unchanged in January
Consumer prices in Japan rose 2.4 percent on a year in January, the same as in the previous two months as declining global oil prices continued to weight on the upward pressure.
Published on 2015-02-27


Japan Prices Last Previous Highest Lowest Unit
Inflation Rate 0.50 0.60 25.00 -2.52 percent [+]
Inflation Rate Mom 0.30 0.40 4.10 -1.10 percent [+]
Consumer Price Index CPI 104.00 103.70 104.50 18.00 Index Points [+]
Core Inflation Rate 0.10 0.30 24.40 -2.40 percent [+]
Core Consumer Prices 103.40 103.30 104.10 32.00 Index Points [+]
GDP Deflator 92.80 94.90 113.00 87.80 Index Points [+]
Producer Prices 103.90 103.60 115.50 48.70 Index Points [+]
Export Prices 113.40 112.30 207.30 94.00 Index Points [+]
Import Prices 115.40 114.50 190.40 45.90 Index Points [+]
Food Inflation 3.10 2.70 31.60 -3.70 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.30 Mar/15 1.70 23.90 -1.30 percent [+]
Brazil 8.47 May/15 8.17 6821.31 1.65 percent [+]
Canada 0.90 May/15 0.80 21.60 -17.80 percent [+]
China 1.20 May/15 1.50 28.40 -2.20 percent [+]
Euro Area 0.20 Jun/15 0.30 5.00 -0.70 percent [+]
France 0.30 May/15 0.10 18.80 -0.70 percent [+]
Germany 0.30 Jun/15 0.70 11.54 -7.62 percent [+]
India 5.01 May/15 4.87 11.16 4.38 percent [+]
Indonesia 7.26 Jun/15 7.15 82.40 -1.17 percent [+]
Italy 0.10 Jun/15 0.10 25.64 -0.60 percent [+]
Japan 0.50 May/15 0.60 25.00 -2.52 percent [+]
Mexico 2.88 May/15 3.06 179.73 2.88 percent [+]
Netherlands 1.10 May/15 0.60 11.19 -1.30 percent [+]
Russia 15.80 May/15 16.40 2333.30 3.60 percent [+]
South Korea 0.70 Jun/15 0.50 32.50 0.20 percent [+]
Spain 0.10 Jun/15 -0.20 28.43 -1.37 percent [+]
Switzerland -1.20 May/15 -1.10 11.92 -1.37 percent [+]
Turkey 8.09 May/15 7.91 138.71 -4.01 percent [+]
United Kingdom 0.10 May/15 -0.10 8.50 -0.10 percent [+]
United States 0.00 May/15 -0.20 23.70 -15.80 percent [+]