Japan Inflation Rate  1958-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Japan increased 0.5 percent year-on-year in November of 2016, following 0.1 percent growth in the previous month. It is the highest inflation rate since May 2015, boosted by higher fresh food prices. However, core consumer prices which exclude fresh food went down 0.4 percent, the ninth straight month of annual declines and worse than market expectations of 0.3 percent drop. Inflation Rate in Japan averaged 3.07 percent from 1958 until 2016, reaching an all time high of 25.00 percent in February of 1974 and a record low of -2.52 percent in October of 2009.

Japan Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-10-27 11:30 PM Sep -0.5% -0.5% -0.5% -0.4%
2016-11-24 11:30 PM Oct 0.1% -0.5% -0.4% -0.4%
2016-12-26 11:30 PM Nov 0.5% 0.1% 0.1%
2017-01-26 11:30 PM Dec 0.5% 0.2% 0.3%
2017-03-02 11:30 PM Jan 0.50%
2017-03-30 11:30 PM Feb 0.48%




Japan Inflation Rate At 1-1/2-Year High Of 0.5%


Consumer prices in Japan increased 0.5 percent year-on-year in November of 2016, following 0.1 percent growth in the previous month. It is the highest inflation rate since May 2015, boosted by higher fresh food prices. However, core consumer prices which exclude fresh food went down 0.4 percent, the ninth straight month of annual declines and worse than market expectations of 0.3 percent drop.

Year-on-year, food prices went up 3.6 percent, following a 2.3 percent increase in October. It is the biggest rise since March 2015, boosted by an 21.6 percent jump in fresh food cost, namely a 37.3 percent rise in fresh vegetables and a 12.7 percent increase in fresh fruit. Inflation eased for recreation and culture (0.8 percent compared to 1 percent in October); medical care (0.9 percent from 1 percent) and clothing and footwear (1 percent from 1.2 percent in October).

In addition, prices declined at a slower pace for fuel, light and water charges (-5.8 percent compared to -6 percent in October) and transportation and communication (-1.5 percent compared to -1.7 percent in October) but fell at the same pace for housing (-0.2 percent).

On a monthly basis, consumer prices were flat, following a 0.6 percent gain in October. 

In Tokyo, consumer prices remained unchanged, following a 0.5 percent gain in November. Core consumer prices, which exclude fresh food, declined 0.6 percent from a year earlier, following a 0.4 percent drop in a month earlier and worse than market estimates of 0.4 percent drop. 

Statistics Japan l Yekaterina Guchshina | yekaterina@tradingeconomics.com
12/26/2016 11:58:21 PM



Japan Prices Last Previous Highest Lowest Unit
Inflation Rate 0.50 0.10 25.00 -2.52 percent [+]
Inflation Rate Mom 0.00 0.60 4.10 -1.10 percent [+]
Consumer Price Index CPI 100.40 100.40 104.50 18.00 Index Points [+]
Core Consumer Prices 99.80 99.80 104.10 32.00 Index Points [+]
Core Inflation Rate -0.40 -0.40 24.40 -2.40 percent [+]
GDP Deflator 92.90 96.30 113.00 87.80 Index Points [+]
Producer Prices 99.70 99.10 115.50 48.70 Index Points [+]
Export Prices 106.40 101.00 207.30 94.00 Index Points [+]
Import Prices 102.30 97.30 190.40 45.90 Index Points [+]
Food Inflation 3.60 2.30 31.60 -3.70 percent [+]
Producer Prices Change -1.20 -2.20 33.90 -8.60 percent [+]
Cpi Transportation 98.00 97.90 108.10 39.90 Index Points [+]



Japan Inflation Rate Notes

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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.10 25.00 -2.52 1958 - 2016 percent Monthly
2010=100



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