Japan Inflation


Japan: Inflation dwindles to zero in September

October 28, 2011

In September, the core consumer price index, which excludes volatile fresh food prices, fell 0.2% in seasonally adjusted terms over the previous month, which was below the flat reading recorded in August but in line with market expectations. Meanwhile, the so-called core-core inflation, which excludes fresh food and energy, followed the same pattern as core inflation and declined 0.2% over the previous month. Annual core inflation remained unchanged at August's 0.2% in September, matching market expectations. Inflation was stable as higher energy prices were offset by lower prices for furniture and household utensils as well as for culture. Meanwhile, annual overall inflation slowed from a 0.2% rise in August to a flat reading in September. The Bank of Japan's October Outlook for Economic Activity and Prices predicts inflation in the current fiscal year to average between minus 0.1% and plus 0.1% (July: between 0.5% and 0.8%) and between minus 0.1% and plus 0.3% in the next (July: between 0.4% and 0.8%).


Sample Report

Looking for forecasts related to Inflation in Japan? Download a sample report now.


Japan Economic News

More news

Search form