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

Consumer prices in Japan dropped by 0.4 percent year-on-year in July of 2016, the same pace as in the previous two months. It was the fifth straight month of decline as cost of housing and transport fell while prices of food were steady. Core consumer prices fell 0.5 percent from a year earlier in July, following a downwardly revised 0.4 percent decline in June. It was the fifth 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 0.3 percent year-on-year, compared to a 0.4 percent rise in June. On a monthly basis, consumer prices declined by 0.2 percent, the same as in the prior month. 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
-0.40 -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 August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-30 11:30 PM May -0.4% -0.3% -0.1%
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 -0.4% -0.4%
2016-10-27 11:30 PM Sep -0.3%
2016-11-24 11:30 PM Oct -0.1%

Japan CPI Falls for 5th Month


Consumer prices in Japan dropped by 0.4 percent year-on-year in July of 2016, the same pace as in the previous two months. It was the fifth straight month of decline as cost of housing and transport fell while prices of food were steady.

Year-on-year, cost declined for: housing (-0.1 percent in July from -0.1 in June); fuel, light and water charges (-7.7 percent from -8.7 percent), furniture and household utensils (-0.8 percent after remaining unchanged) and transport and communication (-2.6 percent from -2.4 percent). In contrast, prices rose for: food (+1.1 percent from +1.1 percent), clothes and footwear (+2.4 percent from +2.0 percent), medical care (+0.9 percent from +0.6 percent), education (+1.6 percent from +1.4 percent), culture and recreation (+0.8 percent from +1.1 percent) and miscellaneous goods and services (+0.7 percent from +0.9 percent).

Core consumer prices fell 0.5 percent from a year earlier in July, following a downwardly revised 0.4 percent decline in June. It was the fifth 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 0.3 percent year-on-year, compared to a 0.4 percent rise in June.

On a monthly basis, consumer prices declined by 0.2 percent, the same as in the prior month.

In Tokyo, consumer prices dropped by 0.5 percent year-on-year in August, compared to a 0.4 percent fall in July. Core consumer prices, which exclude fresh food, fell 0.4 percent from a year earlier, the same pace as in a month earlier while market estimates of a 0.3 percent drop.

Statistics Bureau of Japan l Rida Husna | rida@tradingeconomics.com
8/26/2016 3:38:51 AM

Japan Prices Last Previous Highest Lowest Unit
Inflation Rate -0.40 -0.40 25.00 -2.52 percent [+]
Inflation Rate Mom -0.20 -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 -0.40 24.40 -2.40 percent [+]
GDP Deflator 96.40 93.40 113.00 87.80 Index Points [+]
Producer Prices 99.20 99.20 115.50 48.70 Index Points [+]
Export Prices 97.70 98.60 207.30 94.00 Index Points [+]
Import Prices 91.30 91.10 190.40 45.90 Index Points [+]
Food Inflation 1.10 1.10 31.60 -3.70 percent [+]
Producer Prices Change -3.90 -4.20 33.90 -8.60 percent [+]
Cpi Transportation 98.50 101.70 108.10 39.90 Index Points [+]




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