Inflation Rate in Japan decreased to 3.30 percent in June from 3.50 percent in May of 2025. This dataset provides the latest reported value for - Japan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Japan JP: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at -0.215 % in 2017. This records a decrease from the previous number of 0.274 % for 2016. Japan JP: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 1.612 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 22.973 % in 1970 and a record low of -1.895 % in 2010. Japan JP: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; Median;

Core consumer prices in Japan increased 3.30 percent in June of 2025 over the same month in the previous year. This dataset provides - Japan Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In May 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In early 2025, Russia maintained the highest interest rate at 20 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at -0.1 percent in May 2025. In contrast, Russia maintained a high inflation rate of 9.9 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

The benchmark interest rate in Japan was last recorded at 0.50 percent. This dataset provides - Japan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Bank of Japan is vigilant about rising food prices impacting inflation, nearing its 2% target, and is prepared for potential rate hikes, as highlighted by Governor Kazuo Ueda.

Japan Inflation Nowcast: Contribution: Balance Sheet: BOJ: Loan SP: to Stimulate Bank Lending data was reported at 5.430 % in 12 May 2025. This stayed constant from the previous number of 5.430 % for 05 May 2025. Japan Inflation Nowcast: Contribution: Balance Sheet: BOJ: Loan SP: to Stimulate Bank Lending data is updated weekly, averaging 0.000 % from Jun 2020 (Median) to 12 May 2025, with 259 observations. The data reached an all-time high of 11.810 % in 13 Jun 2022 and a record low of 0.000 % in 17 Feb 2025. Japan Inflation Nowcast: Contribution: Balance Sheet: BOJ: Loan SP: to Stimulate Bank Lending data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Japan – Table JP.CEIC.NC: CEIC Nowcast: Inflation: Headline.

Inflation, consumer prices (annual %) in Japan was reported at 2.7385 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Japan - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Graph and download economic data for Inflation, consumer prices for Japan from 1960 to 2024 about Japan, consumer, CPI, inflation, price index, indexes, and price.

Japan BOJ Forecast: Consumer Price Index (CPI): excl Fresh Food: YoY: Lower Limit data was reported at 1.400 % in 2021. This records an increase from the previous number of 1.200 % for 2020. Japan BOJ Forecast: Consumer Price Index (CPI): excl Fresh Food: YoY: Lower Limit data is updated yearly, averaging 0.000 % from Mar 2000 (Median) to 2021, with 22 observations. The data reached an all-time high of 2.900 % in 2014 and a record low of -1.500 % in 2009. Japan BOJ Forecast: Consumer Price Index (CPI): excl Fresh Food: YoY: Lower Limit data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I006: Consumer Price Index: YoY% Change: Forecast: Bank of Japan.

CPI Core Core in Japan increased to 3.30 percent in May from 3 percent in April of 2025. This dataset provides - Japan CPI Core Core- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, Japan's gross domestic product (GDP) grew by ***** percent at current prices, according to the second preliminary announcement in March 2025. A year earlier, the highest growth rate of Japan’s nominal GDP in almost three decades was recorded. The nominal GDP measures the value of all goods and services produced in an economy, including price changes. GDP growth and inflation Japan’s real GDP growth, which is adjusted for inflation, was lower at *** percent. After decades of struggling with deflation and attempts to reach a two percent inflation target with economic stimulus packages and monetary easing policies, consumer prices in Japan increased by almost *** percent in 2023, led by global inflation. This development prompted the Bank of Japan to shift its monetary policy and raise the short-term interest rate for the first time in 17 years in 2024. Japan lost its status as the third-largest economy Many countries have raised interest rates in response to higher inflation in the past years. Since Japan’s central bank has done so at a much slower pace, a widening interest gap emerged between Japan and other major economies of the world. This is also one of the reasons for the depreciation of the yen against the dollar. Due to the weak yen, Japan’s GDP declined when converted into U.S. dollars, resulting in Japan losing its status as the third-largest economy in terms of GDP to Germany in 2023.

Japan Core Inflation Nowcast: Contribution: Balance Sheet: BOJ: Loan SP: to Stimulate Bank Lending data was reported at 0.000 % in 12 May 2025. This stayed constant from the previous number of 0.000 % for 05 May 2025. Japan Core Inflation Nowcast: Contribution: Balance Sheet: BOJ: Loan SP: to Stimulate Bank Lending data is updated weekly, averaging 0.000 % from Jan 2020 (Median) to 12 May 2025, with 280 observations. The data reached an all-time high of 1.576 % in 11 Oct 2021 and a record low of 0.000 % in 12 May 2025. Japan Core Inflation Nowcast: Contribution: Balance Sheet: BOJ: Loan SP: to Stimulate Bank Lending data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Japan – Table JP.CEIC.NC: CEIC Nowcast: Inflation: Core.

Inflation, GDP deflator: linked series (annual %) in Japan was reported at 2.8738 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Japan - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Japan Consumer Price Index (CPI): Diffusion index data was reported at 66.284 2020=100 in Mar 2025. This records an increase from the previous number of 63.027 2020=100 for Feb 2025. Japan Consumer Price Index (CPI): Diffusion index data is updated monthly, averaging 56.897 2020=100 from Jan 2021 (Median) to Mar 2025, with 51 observations. The data reached an all-time high of 79.693 2020=100 in Sep 2023 and a record low of 2.107 2020=100 in Jan 2021. Japan Consumer Price Index (CPI): Diffusion index data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I004: Consumer Price Index: 2020=100: Core Inflation.

In June 2025, the inflation rate in Japan stood at *** percent. The term inflation means the devaluation of money caused by a permanent increase of the price level for goods and services. The Consumer Price Index (CPI) measures the price development for private expenses and shows the current level of inflation when it increases. Rising consumer prices since 2022 Since the economic downturn in the 1990s, consumer prices in Japan have remained stagnant. Many Japanese consumers have never experienced a significant rise in cost of living, as the country had been struggling with deflationary pressures for over three decades. In the last years, this has changed drastically. Consumers have been confronted with rising prices since 2022, driven by global tensions and the aftermath of the COVID-19 pandemic. While Japan’s CPI recorded a *** percent growth in 2024, real household consumption expenditure declined. Consumer inflation in 2024 Annual inflation decreased from *** percent in 2023, the highest level recorded since 1991. A look at the price growth of major categories in the CPI shows that prices for ********************** saw the largest increases in 2024, followed by **** and ******************************. Fresh food prices, which rose by ***** percent, were at the core of the food price growth. ************, ****************, and ******* such as rice, bread, and noodles, were among the major contributors to Japan’s inflation. Rice prices jumped significantly in 2024. The staple food continued to see drastic price hikes in 2025.

Tokyo Core CPI in Japan decreased to 2.90 percent in July from 3.10 percent in June of 2025. This dataset includes a chart with historical data for Japan Tokyo Core CPI.

Japan Consumer Price Index (CPI): Trimmed Mean data was reported at 2.212 % in Mar 2025. This records an increase from the previous number of 2.191 % for Feb 2025. Japan Consumer Price Index (CPI): Trimmed Mean data is updated monthly, averaging 1.899 % from Jan 2021 (Median) to Mar 2025, with 51 observations. The data reached an all-time high of 3.422 % in Sep 2023 and a record low of -0.286 % in Jan 2021. Japan Consumer Price Index (CPI): Trimmed Mean data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I004: Consumer Price Index: 2020=100: Core Inflation.

Graph and download economic data for Residential Property Prices for Japan (QJPN628BIS) from Q1 1955 to Q1 2025 about Japan, residential, HPI, housing, price index, indexes, and price.

Japan Consumer Price Index (CPI): Diffusion Index: Decreasing Items data was reported at 27.863 2010=100 in Jun 2016. This records an increase from the previous number of 27.099 2010=100 for May 2016. Japan Consumer Price Index (CPI): Diffusion Index: Decreasing Items data is updated monthly, averaging 42.939 2010=100 from Jan 2011 (Median) to Jun 2016, with 66 observations. The data reached an all-time high of 63.359 2010=100 in Jan 2011 and a record low of 23.092 2010=100 in Sep 2015. Japan Consumer Price Index (CPI): Diffusion Index: Decreasing Items data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I012: Consumer Price Index: 2010=100: Core Inflation.