Inflation Rate in Japan increased to 3 percent in October from 2.90 percent in September 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.

In 2024, Japan had an average inflation rate of 2.74 percent. Japan's inflation rate had hit a record high in 2023 at 3.27 percent, marking the highest rate of inflation in Japan in recent times. However, this figure was still very low compared to most other major economies, such as Japan's fellow G7 members, four of which had inflation rates around six or seven percent in 2023 due to the global inflation crisis. Why is Japan's inflation rate lower? There are a number of contributing factors to Japan's relatively low inflation rate, even during economic crises. Japan eased its Covid restrictions more slowly than most other major economies, this prevented post-pandemic consumer spending that may have driven inflation through supply chain issues caused by higher demand. As the majority of Japan's food and energy comes from overseas, and has done so for decades, the government has mechanisms in place to prevent energy and wheat prices from rising too quickly. Because of this, Japan was able to shield its private sector from many of the negative knock on effects from Russia's invasion of Ukraine, which had a significant impact on both sectors globally. Persistent deflation and national debt An additional factor that has eased the impact of inflation on Japan's economy is the fact that it experienced deflation before the pandemic. Deflation has been a persistent problem in Japan since the asset price bubble burst in 1992, and has been symptomatic of Japan's staggering national debt thereafter. For almost 30 years, a combination of quantitative easing, low interest rates (below 0.5 percent since 1995, and at -0.1% since 2016), and a lack of spending due to low wages and an aging population have combined to give Japan the highest national debt in the world in absolute terms, and second-highest debt in relation to its GDP, after Venezuela. Despite this soaring debt, Japan remains the fourth-largest economy in the world, behind the U.S., China, and Germany.

Core consumer prices in Japan increased 3 percent in October 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 2024, the Consumer Price Index (CPI) of all items in Japan stood at ***** index points, up from ***** points in the previous year. The lowest price level in the past 20 years was recorded in **** and ****, with a CPI of ****. What is the CPI? The CPI is a price index that measures the average price development of a set basket of goods and services purchased by households. Annual or monthly changes in the index are referred to as the inflation rate. In ****, Japan recorded the highest inflation rate since 1982. Inflation slowed in 2024, reaching *** percent. ********************** was the category with the highest price level increase, followed by ****. Japan’s core inflation, excluding volatile fresh food prices, stood at *** percent. Producer price indices in Japan The producer price index (PPI) measures the price development of goods traded between businesses. At the same time, the services producer price index (SPPI) covers the price development of service products that are provided by businesses to other businesses and the central and local governments of Japan. Both the PPI and SSPI rose to a decade high in 2024. Producer price indices can serve as an early indicator of price developments in an economy before prices are passed on to consumers.

View monthly updates and historical trends for Japan Inflation Rate. Source: Japan Statistics Bureau. Track economic data with YCharts analytics.

The 'Core Inflation Rate YoY' in Japan measures the year-over-year change in consumer prices, excluding volatile items such as food and energy.-2025-11-20

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.

Japan Core Inflation Nowcast data was reported at 2.894 % in 01 Dec 2025. This records a decrease from the previous number of 2.937 % for 24 Nov 2025. Japan Core Inflation Nowcast data is updated weekly, averaging 3.509 % from Jan 2020 (Median) to 01 Dec 2025, with 309 observations. The data reached an all-time high of 4.077 % in 20 Feb 2023 and a record low of -0.903 % in 04 Jan 2021. Japan Core Inflation Nowcast 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. The Japan Core Inflation Nowcast targets the Core CPI provided by the Statistics Bureau of Japan. Japan's Core CPI excludes fresh food but includes energy.

CPI Core Core in Japan increased to 3.10 percent in October from 3 percent in September of 2025. This dataset provides - Japan CPI Core Core- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In September 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 September 2025, Russia maintained the highest interest rate at 17 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 -0.3 percent in September 2025. In contrast, Russia maintained a high inflation rate of 8 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 'Core Inflation Rate YoY' in Japan measures the year-over-year change in consumer prices, excluding volatile items such as food and energy.-2024-06-20

The 'Inflation Rate YoY' in Japan measures the percentage change in the price level of a basket of goods and services compared to the same month in the previous year.-2025-11-20

Harmonised Indices of Consumer Prices (HICPs) are designed for international comparisons of consumer price inflation. HICP is used for example by the European Central Bank for monitoring of inflation in the Economic and Monetary Union and for the assessment of inflation convergence as required under Article 121 of the Treaty of Amsterdam. For the U.S. and Japan national consumer price indices are used in the table.

Inflation Nowcast: Contribution: Balance Sheet: BOJ: Liabilities: Other Deposits data was reported at 7.205 % in 01 Dec 2025. This stayed constant from the previous number of 7.205 % for 24 Nov 2025. Inflation Nowcast: Contribution: Balance Sheet: BOJ: Liabilities: Other Deposits data is updated weekly, averaging 0.000 % from Jun 2020 (Median) to 01 Dec 2025, with 288 observations. The data reached an all-time high of 21.057 % in 13 Feb 2023 and a record low of 0.000 % in 20 Oct 2025. Inflation Nowcast: Contribution: Balance Sheet: BOJ: Liabilities: Other Deposits 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.

Rent Inflation in Japan increased to 0.40 percent in October from 0.30 percent in September of 2025. This dataset includes a chart with historical data for Japan Rent Inflation.

Im Jahr 2024 hat die durchschnittliche Inflationsrate in Japan rund 2,7 Prozent betragen. Für das Jahr 2025 wird die durchschnittliche Inflationsrate in Japan auf rund 3,3 Prozent prognostiziert. Die Statistik zeigt die durchschnittliche Inflationsrate in Japan im Zeitraum 1980 bis 2024 und Prognosen bis zum Jahr 2030.Die Inflationsrate bildet Veränderungen der Kosten für einen festgelegten Warenkorb ab, der eine repräsentative Auswahl an Waren und Dienstleistungen enthält. Sie wird aus dem Verbraucherpreisindex (VPI) abgeleitet.Hier können Sie weitere Einblicke bezüglich der durchschnittlichen Inflationsrate in Taiwan, Hongkong und Südkorea finden.

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Japan OP: SE: Mfg: 1 Yr Ahead: Prev Proj:% Number Respondent: +20% data was reported at 0.000 % in Jun 2018. This stayed constant from the previous number of 0.000 % for Mar 2018. Japan OP: SE: Mfg: 1 Yr Ahead: Prev Proj:% Number Respondent: +20% data is updated quarterly, averaging 0.000 % from Jun 2014 (Median) to Jun 2018, with 17 observations. Japan OP: SE: Mfg: 1 Yr Ahead: Prev Proj:% Number Respondent: +20% data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.S018: Tankan: March 2015 Survey: Inflation Outlook: Output Price: All Enterprises: Small.

Japan OP: SE: Non-Mfg:3 Yr Ahead: Prev Proj:% Number Respondent: +20% data was reported at 0.000 % in Jun 2018. This stayed constant from the previous number of 0.000 % for Mar 2018. Japan OP: SE: Non-Mfg:3 Yr Ahead: Prev Proj:% Number Respondent: +20% data is updated quarterly, averaging 0.000 % from Jun 2014 (Median) to Jun 2018, with 17 observations. The data reached an all-time high of 1.000 % in Dec 2014 and a record low of 0.000 % in Jun 2018. Japan OP: SE: Non-Mfg:3 Yr Ahead: Prev Proj:% Number Respondent: +20% data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.S018: Tankan: March 2015 Survey: Inflation Outlook: Output Price: All Enterprises: Small.

The Gross Domestic Product (GDP) in Japan contracted 0.40 percent in the third quarter of 2025 over the previous quarter. This dataset provides - Japan GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.