Inflation Rate in Japan decreased to 3.70 percent in February from 4 percent in January 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 2023, Japan had an average inflation rate estimated at 3.21 percent, marking the highest rate of inflation in Japan in almost a decade. 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.

In February 2025, the inflation rate in Japan stood at 3.7 percent. The term inflation means the devaluation of money caused by a permanent increase of the price level for products (consumer goods, investment goods). The Consumer Price Index shows the price development for private expenses and shows the current level of inflation when increasing.

Core consumer prices in Japan increased 3 percent in February 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 February 2025, Japan's core Consumer Price Index (CPI) for all items, excluding fresh food, grew by three percent compared to the previous year. A month earlier, rhe monthly core inflation had reached the highest level since June 2023.

The Consumer Price Index in Japan decreased 0.10 percent in February of 2025 over the previous month. This dataset provides - Japan Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In February 2025, the preliminary year-on-year growth rate of the core Consumer Price Index (CPI) in Tokyo Prefecture stood at 2.2 percent. The monthly core inflation in Tokyo decreased from 2.5 percent in January 2025.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Japan was 3.65 percent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 4.02 percent. Compared to a year ago, we see an increase from the inflation...

Inflation, monthly percent change in the CPI in Japan, February, 2025 The most recent value is -0.36 percent as of February 2025, a decline compared to the previous value of 0.45 percent. Historically, the average for Japan from February 1970 to February 2025 is 0.2 percent. The minimum of -1.09 percent was recorded in November 1977, while the maximum of 4.31 percent was reached in January 1974. | TheGlobalEconomy.com

Key information about Japan Consumer Price Index CPI growth

• Japan Consumer Price Index (CPI) growth was measured at 3.6 % YoY in Feb 2025, compared with a rate of 4.0 % in the previous month.
• Japan Consumer Price Index growth data is updated monthly, available from Jan 1996 to Feb 2025, with an averaged number of 0.2 % YoY.
• The data reached an all-time high of 4.3 % YoY in Jan 2023 and a record low of -2.5 % YoY in Oct 2009.

CEIC calculates Consumer Price Index Growth from monthly Consumer Price Index. Statistical Bureau provides Consumer Price Index with base 2020=100. Consumer Price Index Growth prior to January 2011 is calculated from Consumer Price Index with base 2010=100, prior to January 2006 from Consumer Price Index with base 2005=100, prior to January 2001 from Consumer Price Index with base 2000=100 and prior to January 1997 from Consumer Price Index with base 1995=100. [COVID-19-IMPACT]

Cost of food in Japan increased 7.60 percent in February of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Japan Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

CPI Core Core in Japan increased to 2.60 percent in February from 2.50 percent in January of 2025. This dataset provides - Japan CPI Core Core- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Japan Inflation Nowcast: Contribution: Commodity Prices: Average Retail Price: Lettuce data was reported at 0.000 % in 10 Mar 2025. This stayed constant from the previous number of 0.000 % for 03 Mar 2025. Japan Inflation Nowcast: Contribution: Commodity Prices: Average Retail Price: Lettuce data is updated weekly, averaging 0.099 % from Jun 2020 (Median) to 10 Mar 2025, with 250 observations. The data reached an all-time high of 5.776 % in 11 Nov 2024 and a record low of 0.000 % in 10 Mar 2025. Japan Inflation Nowcast: Contribution: Commodity Prices: Average Retail Price: Lettuce 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.

Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Japan (CPGRLE01JPM657N) from Jan 1960 to Jun 2021 about core, Japan, all items, CPI, inflation, price index, indexes, and price.

Key information about Japan Core CPI Change

• Japan Core CPI Change was reported at 2.545 % in Jan 2025.
• This records an increase from the previous number of 2.361 % for Dec 2024.
• Japan Core CPI Change data is updated monthly, averaging -0.196 % from Jan 2001 to Jan 2025, with 289 observations.
• The data reached an all-time high of 4.300 % in May 2023 and a record low of -1.683 % in Sep 2010.
• Japan Core CPI Change data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Core CPI: Y-o-Y Growth: Monthly: Seasonally Adjusted.

CEIC calculates Core Consumer Price Index Growth from monthly Core Consumer Price Index. Statistical Bureau provides Core Consumer Price Index with base 2020=100. Core Consumer Price Index excludes Food, Non Alcoholic Beverages, Alcoholic Beverages, Eating Out and Energy. Core Consumer Price Index Growth prior to January 2011 is calculated from Core Consumer Price Index with base 2010=100 and prior to January 2006 from Core Consumer Price Index with base 2005=100.

Japan Inflation Nowcast: Contribution: Commodity Prices: Average Retail Price: Leek data was reported at 1.518 % in 10 Mar 2025. This stayed constant from the previous number of 1.518 % for 03 Mar 2025. Japan Inflation Nowcast: Contribution: Commodity Prices: Average Retail Price: Leek data is updated weekly, averaging 0.000 % from Jun 2020 (Median) to 10 Mar 2025, with 250 observations. The data reached an all-time high of 3.900 % in 17 Feb 2025 and a record low of 0.000 % in 08 Apr 2024. Japan Inflation Nowcast: Contribution: Commodity Prices: Average Retail Price: Leek 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.

Japan Inflation Nowcast: Contribution: Commodity Prices: Average Retail Price: Cucumber data was reported at 0.000 % in 10 Mar 2025. This stayed constant from the previous number of 0.000 % for 03 Mar 2025. Japan Inflation Nowcast: Contribution: Commodity Prices: Average Retail Price: Cucumber data is updated weekly, averaging 0.000 % from Jun 2020 (Median) to 10 Mar 2025, with 250 observations. The data reached an all-time high of 4.332 % in 13 Jun 2022 and a record low of 0.000 % in 10 Mar 2025. Japan Inflation Nowcast: Contribution: Commodity Prices: Average Retail Price: Cucumber 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.

Graph and download economic data for Consumer Price Index: Clothing and Footwear (COICOP 03): Total for Japan (JPNCP030000GPM) from Feb 1970 to Jun 2021 about footwear, apparel, Japan, CPI, price index, indexes, and price.

Graph and download economic data for Consumer Price Index: All Items: Total for Japan (CPALTT01JPQ657N) from Q2 1955 to Q2 2021 about Japan, all items, CPI, price index, indexes, and price.

Tokyo CPI in Japan decreased to 2.90 percent in February from 3.40 percent in January of 2025. This dataset provides - Japan Tokyo CPI- actual values, historical data, forecast, chart, statistics, economic calendar and news.