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

Consumer prices in Japan dropped by 0.5 percent year-on-year in August of 2016, following a 0.4 percent fall in the previous three months and on line with market expectations. It was the sixth straight month of decline and the fastest fall since April 2013, as cost of housing and transport fell further while prices of food rose at a slower pace. Core consumer prices fell 0.5 percent from a year earlier, the same pace as in July. It was the sixth consecutive month of fall and the fastest drop since March 2013 while market expected a 0.4 percent decrease. The so-called core-core consumer prices, which excludes food and energy prices rose 0.2 percent year-on-year, compared to a 0.3 percent rise in June. On a monthly basis, consumer prices remained unchanged, following a 0.2 percent decline in the previous two months. Inflation Rate in Japan averaged 3.08 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
-0.50 -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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-07-28 11:30 PM Jun -0.4% -0.4% -0.4% -0.3%
2016-08-25 11:30 PM Jul -0.4% -0.4% -0.5%
2016-09-29 11:30 PM Aug -0.5% -0.4% -0.5% -0.4%
2016-10-27 11:30 PM Sep -0.3%
2016-11-24 11:30 PM Oct -0.1%
2016-12-26 11:30 PM Nov 0.0%

Japan CPI Falls for 6h Month


Consumer prices in Japan dropped by 0.5 percent year-on-year in August of 2016, following a 0.4 percent fall in the previous three months and in line with market expectations. It was the sixth straight month of decline and the fastest fall since April 2013, as cost of housing and transport fell further while prices of food rose at a slower pace.

Year-on-year, cost declined for: housing (-0.1 percent in August from -0.1 in July); fuel, light and water charges (-7.2 percent from -7.7 percent), furniture and household utensils (-1.2 percent from -0.8 percent) and transport and communication (-2.3 percent from -2.6 percent). In contrast, prices rose for: food (+0.6 percent from +1.1 percent), clothes and footwear (+2.4 percent from +2.4 percent), medical care (+0.9 percent from +0.9 percent), education (+1.6 percent from +1.6 percent), culture and recreation (+0.4 percent from +0.8 percent) and miscellaneous goods and services (+0.6 percent from +0.7 percent).

Core consumer prices declined by 0.5 percent from a year earlier, the same pace as in July. It was the sixth consecutive month of fall and the fastest drop since March 2013 while market expected a 0.4 percent decrease. The so-called core-core consumer prices, which excludes food and energy prices rose 0.2 percent year-on-year, compared to a 0.3 percent rise in June. 

On a monthly basis, consumer prices remained unchanged, following a 0.2 percent decline in the previous two months.

In Tokyo, consumer prices dropped by 0.5 percent year-on-year in September, the same as in August. Core consumer prices, which exclude fresh food, fell 0.5 percent from a year earlier, following a 0.4 percent drop in a month earlier while market estimates of a 0.4 percent drop.

Statistics Japan l Rida Husna | rida@tradingeconomics.com
9/30/2016 12:43:50 AM

Japan Prices Last Previous Highest Lowest Unit
Inflation Rate -0.50 -0.40 25.00 -2.52 percent [+]
Inflation Rate Mom 0.00 -0.20 4.10 -1.10 percent [+]
Consumer Price Index CPI 99.60 103.30 104.50 18.00 Index Points [+]
Core Consumer Prices 99.60 103.00 104.10 32.00 Index Points [+]
Core Inflation Rate -0.50 -0.50 24.40 -2.40 percent [+]
GDP Deflator 96.30 93.40 113.00 87.80 Index Points [+]
Producer Prices 98.90 99.20 115.50 48.70 Index Points [+]
Export Prices 96.30 97.70 207.30 94.00 Index Points [+]
Import Prices 89.10 91.30 190.40 45.90 Index Points [+]
Food Inflation 0.60 1.10 31.60 -3.70 percent [+]
Producer Prices Change -3.60 -3.90 33.90 -8.60 percent [+]
Cpi Transportation 98.50 101.70 108.10 39.90 Index Points [+]




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