Mount Fuji, Japan

Japan Inflation July 2020

Japan: Core consumer prices broadly stable in July

The core consumer price index—which excludes the price of fresh food—rose 0.20% in July over the previous month, accelerating from June’s 0.10% rise. July’s uptick was the sharpest increase in prices since November 2019 and was primarily driven by an increase in transport and communication costs.

The core consumer price index remained unchanged in July compared to the same month last year, matching June’s result and remaining well below the Bank of Japan’s 2.0% increase target. The annual average variation of core consumer prices rose to 0.1% in July (June: 0.0%). Lastly, inflation rose to 0.3% from June’s 0.1%.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest