Japan Inflation Rate 1958-2018 | Data | Chart | Calendar | Forecast

Consumer prices in Japan rose 1.0 percent year-on-year in December of 2017, up from a 0.6 percent climb in the prior month and slightly below expectations of a 1.1 percent increase. It was the highest rate since March of 2015, and was mainly explained by a 5.2 percent climb in fuel, light & water charges and a 1.8 percent increase in food prices. Core consumer prices, which exclude fresh food, advanced 0.9 percent from a year earlier for the second straight month. On a monthly basis, consumer prices went up 0.2 percent, compared to a 0.7 percent climb in the previous month. Inflation Rate in Japan averaged 3.02 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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Japan Inflation Rate at 33-Month High of 1% in December


Consumer prices in Japan rose by 1 percent year-on-year in December of 2017, after a 0.6 percent gain in the prior month while markets estimated 1.1 percent. It was the highest inflation rate since March 2015, mainly driven by a jump in cost of food.

In December, prices of food increased by 1.8 percent year-on-year, recovering from a 0.1 percent fall in November and 1.3 drop in October. It was the highest food inflation since December 2016 as cost increased for fresh food (5.1 percent from -4.7 percent), fish and seafood (4.1 percent from 3.5 percent) and fresh fruits (8.9 percent from 8 percent). Meantime, prices fell less for dairy product and eggs (-1 percent from -1.5 percent).

Also, cost increased at a faster pace for: culture and recreation (0.4 percent from 0.3 percent) and miscellaneous (0.7 percent from 0.5 percent), while inflation was steady for: fuel, light and water charges (5.2 percent, as cost of of electricity went up by 6.4 percent, following a 6 percent rise in the prior month); medical care (1.6 percent); transport & communication (0.8 percent) and education (0.4 percent).

On the other hand, prices continued to fall for: housing (-0.1 percent from -0.1 percent); furniture and household utensils (-0.9 percent from -0.5 percent) and clothes and footwear (-0.3 percent from -0.3 percent).

Core inflation rate, which exclude fresh food, remained at 0.9 percent, it highest since March of 2015.

On a monthly basis, consumer prices went up 0.2 percent, compared to a 0.7 percent increase in the preceding month.

In Tokyo, consumer prices rose 1.3 percent year-on-year in January 2018 while markets estimated a 1.1 percent rise. Core consumer prices, which exclude fresh food went up by 0.7 percent, slightly below expectations of a 0.8 percent gain.



Statistics Japan l Rida Husna |
1/26/2018 11:33:40 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-11-30 11:30 PM Inflation Rate YoY 0.2% 0.7% 0.2% 0.4%
2017-12-25 11:30 PM Inflation Rate YoY 0.6% 0.2% 0.5% 0.8%
2018-01-25 11:30 PM Inflation Rate YoY 1% 0.6% 1.1% 0.8%
2018-02-22 11:30 PM Inflation Rate YoY 1% 1.1%
2018-03-22 11:30 PM Inflation Rate YoY 1.10%
2018-04-27 11:30 PM Inflation Rate YoY 1%


Japan Prices Last Previous Highest Lowest Unit
Inflation Rate 1.00 0.60 24.90 -2.50 percent [+]
Inflation Rate Mom 0.20 0.70 4.10 -1.10 percent [+]
Consumer Price Index CPI 101.20 100.90 101.20 17.40 Index Points [+]
Core Consumer Prices 100.70 100.70 100.80 31.00 Index Points [+]
Core Inflation Rate 0.90 0.90 24.70 -2.40 percent [+]
GDP Deflator 104.70 101.40 120.00 87.80 Index Points [+]
Producer Prices 100.30 100.00 112.50 47.40 Index Points [+]
Export Prices 97.70 97.40 207.30 84.10 Index Points [+]
Import Prices 97.00 95.10 190.40 45.90 Index Points [+]
Food Inflation 1.80 -0.10 31.60 -3.70 percent [+]
CPI Housing Utilities 99.60 99.70 102.20 25.50 Index Points [+]
CPI Transportation 99.20 98.90 104.40 38.50 Index Points [+]
Producer Prices Change 2.70 3.00 33.90 -8.60 percent [+]


Japan Inflation Rate

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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.00 0.60 24.90 -2.50 1958 - 2017 percent Monthly
2015=100




inflation rate by Country
Country Last
Australia 1.90 Dec/17
Brazil 2.86 Jan/18
Canada 1.90 Dec/17
China 1.50 Jan/18
Euro Area 1.30 Jan/18
France 1.40 Jan/18
Germany 1.60 Jan/18
India 5.07 Jan/18
Indonesia 3.25 Jan/18
Italy 0.80 Jan/18
Japan 1.00 Dec/17
Mexico 5.55 Jan/18
Netherlands 1.50 Jan/18
Russia 2.20 Jan/18
South Korea 1.00 Jan/18
Spain 0.60 Jan/18
Switzerland 0.70 Jan/18
Turkey 10.35 Jan/18
United Kingdom 3.00 Jan/18
United States 2.10 Jan/18


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