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

Consumer prices in Japan rose 0.2 percent year-on-year in March of 2017, compared to a 0.3 percent rise in February and below market consensus of a 0.3 percent gain. It was the lowest inflation rate since October 2016, driven by a slowdown in cost of food and transport while cost of housing fall further. Core consumer prices, which exclude fresh food, went up 0.2 percent on the year, the same as in the prior month. It was the third straight month of rise and staying at its highest level since April 2015. On a monthly basis, consumer prices fell 0.1 percent, following a 0.1 percent drop in February and marking the second straight month of decline. Inflation Rate in Japan averaged 3.05 percent from 1958 until 2017, reaching an all time high of 24.90 percent in February of 1974 and a record low of -2.50 percent in October of 2009.

Japan Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-02 11:30 PM Jan 0.4% 0.3% 0.4% 0.3%
2017-03-30 11:30 PM Feb 0.3% 0.4% 0.3% 0.2%
2017-04-27 11:30 PM Mar 0.2% 0.3% 0.3% 0.2%
2017-05-25 11:30 PM Apr 0.2% 0.4% 0.3%
2017-06-30 11:30 PM May 0.4%
2017-07-28 11:30 PM Jun 0.3%




Japan Inflation Rate At 5-Month Low Of 0.2% In March


Consumer prices in Japan rose 0.2 percent year-on-year in March of 2017, compared to a 0.3 percent rise in February and below market consensus of a 0.3 percent gain. It was the lowest inflation rate since October 2016, driven by a slowdown in cost of food and transport while cost of housing fall further.

Year-on-year, prices increased at a slower pace for: food (0.5 percent from 0.8 percent in a month earlier, namely fresh food: -0.4 percent from 1.4 percent), clothes and footwear (0.6 percent from 1.3 percent), medical care (0.5 percent from 0.6 percent) and transportation and communication (0.2 percent from 0.3 percent). Cost went up more than in a month earlier for: culture and recreation (0.7 percent from 0.4 percent) and miscellaneous (0.4 percent from 0.3 percent). In contrast, cost declined for: housing (-0.2 percent from -0.2 percent); fuel, light and water charges (-0.8 percent from -2.1 percent) and furniture and household utensils (-0.8 percent from 0.6 percent). Inflation was steady for education (1.0 percent). 

Core consumer prices, which exclude fresh food, went up 0.2 percent on the year, the same as in the prior month. It was the third straight month of rise and staying at its highest level since April 2015.

On a monthly basis, consumer prices fell 0.1 percent, following a 0.1 percent drop in February and marking the second straight month of decline.

In Tokyo, consumer prices fell 0.1 percent in April, after a 0.4 percent drop in March while market estimated a 0.2 percent decline. Core consumer prices, which exclude fresh food, also decreased 0.1 percent from a year earlier, compared to a 0.4 percent fall in the previous month and below consensus of a 0.2 percent drop.

Statistics Japan l Rida Husna | rida@tradingeconomics.com
4/28/2017 12:51:50 AM



Japan Prices Last Previous Highest Lowest Unit
Inflation Rate 0.20 0.30 24.90 -2.50 percent [+]
Inflation Rate Mom -0.10 -0.10 4.10 -1.10 percent [+]
Consumer Price Index CPI 99.90 99.80 100.90 17.40 Index Points [+]
Core Consumer Prices 99.80 99.60 100.80 31.00 Index Points [+]
Core Inflation Rate 0.20 0.20 24.70 -2.40 percent [+]
GDP Deflator 101.00 104.60 119.90 87.80 Index Points [+]
Producer Prices 98.40 98.20 115.50 48.70 Index Points [+]
Export Prices 93.70 95.40 207.30 84.10 Index Points [+]
Import Prices 91.40 93.60 190.40 45.90 Index Points [+]
Food Inflation 0.50 0.80 31.60 -3.70 percent [+]
Producer Prices Change 2.10 1.40 33.90 -8.60 percent [+]
Cpi Housing Utilities 99.80 99.70 102.20 25.50 Index Points [+]
Cpi Transportation 97.80 97.90 104.40 38.50 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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.30 24.90 -2.50 1958 - 2017 percent Monthly
2015=100



inflation rate by Country

Last
Australia 2.10 Mar/17
Brazil 4.08 Apr/17
Canada 1.60 Apr/17
China 1.20 Apr/17
Euro Area 1.90 Apr/17
France 1.20 Apr/17
Germany 2.00 Apr/17
India 2.99 Apr/17
Indonesia 4.17 Apr/17
Italy 1.90 Apr/17
Japan 0.20 Mar/17
Mexico 5.82 Apr/17
Netherlands 1.60 Apr/17
Russia 4.10 Apr/17
South Korea 1.90 Apr/17
Spain 2.60 Apr/17
Switzerland 0.40 Apr/17
Turkey 11.87 Apr/17
United Kingdom 2.70 Apr/17
United States 2.20 Apr/17