Inflation in Japan

Japan Inflation | Economic News & Forecasts

Japan - Inflation

Core inflation rises marginally in October

Core consumer prices—which exclude fresh food—fell 0.20% over the previous month in October, contrasting September's 0.10% rise.

Core consumer prices rose 0.2% in October, up slightly from September’s 0.1% increase. October's result marked the highest inflation rate since March 2020. Meanwhile, the trend was unchanged, with the annual average variation of core consumer prices coming in at September's minus 0.5% in October. Finally, consumer price inflation edged down to 0.1% in October, from September’s 0.2%.

FocusEconomics panelists expect overall consumer prices to increase 0.6% in 2022, which is unchanged from last month’s estimate. In 2023, the panel sees prices rising 0.6%.

Japan - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)0.8  -0.1  0.5  1.0  0.5  

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Japan Inflation Chart


Japan Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Statistics Bureau of Japan and FocusEconomics calculations.

Japan Facts

Value Change Date
Bond Yield-0.02-4.41 %Dec 30
Exchange Rate108.7-0.35 %Jan 01

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