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 October 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.

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 October 2025, the preliminary year-on-year growth rate of the core Consumer Price Index (CPI) in Tokyo Prefecture stood at *** percent. The monthly core inflation in Tokyo remained at the level of the previous month.

The Consumer Price Index in Japan increased 0.40 percent in October 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 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.

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.

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

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Japan was 3.01 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 2.85 percent. Compared to a year ago, we see an increase from the inflation...

Monthly dataset of the Japan Inflation Rate MoM, including historical data, latest releases, and long-term trends from 1970-02-28 to 2025-10-31. Available for free download in CSV format.

In September 2025, Japan's core Consumer Price Index (CPI) for all items, excluding fresh food, grew by 2.9 percent compared to the previous year. The highest monthly core inflation since January 2019 was recorded in January 2023.

Tokyo CPI in Japan decreased to 2.70 percent in November from 2.80 percent in October of 2025. This dataset provides - Japan Tokyo CPI- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation, monthly percent change in the CPI in Japan, October, 2025 The most recent value is 0.71 percent as of October 2025, an increase compared to the previous value of -0.09 percent. Historically, the average for Japan from February 1970 to October 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

Inflation Expectations in Japan remained unchanged at 2.40 percent in the third quarter of 2025 from 2.40 percent in the second quarter of 2025. This dataset provides - Japan Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Japan Inflation Nowcast data was reported at 2.380 % in 01 Dec 2025. This records a decrease from the previous number of 2.389 % for 24 Nov 2025. Japan Inflation Nowcast data is updated weekly, averaging 3.982 % from Jun 2020 (Median) to 01 Dec 2025, with 288 observations. The data reached an all-time high of 3.982 % in 27 Feb 2023 and a record low of -0.832 % in 18 Jan 2021. Japan 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: Headline.

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.-2025-01-23

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.

Actual value and historical data chart for Japan Inflation Consumer Prices Annual Percent

In September 2025, Japan's Producer Price Index (PPI), including all commodities, stood at 126.9 index points. The PPI in Japan has increased considerably since November 2020.