Mount Fuji, Japan

Japan Inflation April 2021

Japan: Consumer prices fall again in April

Core consumer prices dropped 0.49% from the previous month in April, contrasting the 0.20% increase seen in March.

Core consumer prices—which exclude fresh food—declined 0.1% in annual terms in April, matching March’s decline and the ninth consecutive month of falling prices. Meanwhile, the trend was unchanged, with the annual average variation of core consumer prices coming in at March’s minus 0.4% in April. Lastly, consumer prices for all items fell 0.4% on an annual basis in April, which was a larger fall compared to March’s 0.2% decrease.

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