Inflation in Japan

Japan Inflation | Economic News & Forecasts

Japan - Inflation

Inflation rises marginally in June

Core consumer prices increased 0.10% in June over the previous month, moderating from May's 0.20% increase.

Core consumer prices—which exclude fresh food—increased to 0.2% in June, rising from May’s 0.1% reading and marking a 15-month high. Meanwhile, the trend was unchanged, with the annual average variation of core consumer prices coming in at May's minus 0.4% in June. Lastly, consumer prices for all items came in at 0.2% in June, contrasting the previous month's 0.1% decrease in prices.

FocusEconomics panelists expect overall consumer prices to increase 0.1% in 2021, which is unchanged from last month’s estimate. In 2022, 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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