Inflation Rate in Japan decreased to 3.50 percent in May from 3.60 percent in April 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 March 2025, Japan's core Consumer Price Index (CPI) for all items, excluding fresh food, grew by 3.2 percent compared to the previous year. The highest monthly core inflation since January 2019 was recorded in January 2023.

Core consumer prices in Japan increased 3.70 percent in May 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.

Japan Consumer Price Index (CPI): COICOP 2018: Contribution to Annual Inflation: OECD Groups: Energy data was reported at 0.505 % Point in Mar 2025. This records a decrease from the previous number of 0.526 % Point for Feb 2025. Japan Consumer Price Index (CPI): COICOP 2018: Contribution to Annual Inflation: OECD Groups: Energy data is updated monthly, averaging 0.453 % Point from Jan 2021 (Median) to Mar 2025, with 51 observations. The data reached an all-time high of 1.468 % Point in Mar 2022 and a record low of -1.075 % Point in Jan 2024. Japan Consumer Price Index (CPI): COICOP 2018: Contribution to Annual Inflation: OECD Groups: Energy data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.MEI: Consumer Price Index: COICOP 2018: Contribution to Annual Inflation: OECD Member. The index measures monthly changes in the general level of prices of goods and services that households acquire for consumption. Type of prices: Normal retail prices or service charges for items actually sold in establishments on the survey date; excludes temporary bargain (within a week) prices, prices for installment sales, abnormal prices due to disasters, and prices of second-hand articles. Prices are transaction prices, excluding temporary reductions, special sales, etc. Method of collection:The monthly RPS is the main source of data on prices for the CPI. Its sample design is akin to that of the Survey of Family Income and Expenditure (FIES). Approximately 750 price collectors visit 30,000 outlets to collect prices of reselected representative items. There are 509 items and 719 item specifications Treatment of rentals for housing: The index includes a measure of rented housing. Treatment of Owner-Occupied Housing: Owner-occupied housing is incorporated in the index through the imputed rent approach. Treatment of missing prices: For temporarily unavailable, seasonal, perishable items, such as fresh fruit and fish, the overall weight is held fixed at the annual level. The missing prices are excluded from long-run price comparisons between the 2005 mean reference price and the price in the current period. There is an implied imputation for the price change of the missing items-one based on the long-run price change of existing items. Treatment of quality changes: Explicit quality adjustments are made, when applicable. The option cost method is applied to automobiles and hedonic indices are used for digital cameras and personal computers. Treatment of seasonal items: For fresh fish and shellfish, fresh vegetables and fresh fruits the monthly variable weights are used for compiling the index. For seasonal goods excluidng fresh foods, the average prices of the month when the survey is conducted are substituted for the prices of the month when the survey is not conducted.

In 2024, Japan's gross domestic product (GDP) grew by three 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 0.1 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 3.3 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 Consumer Price Index (CPI): COICOP 2018: Contribution to Annual Inflation: Transport data was reported at 0.276 % Point in Mar 2025. This records an increase from the previous number of 0.261 % Point for Feb 2025. Japan Consumer Price Index (CPI): COICOP 2018: Contribution to Annual Inflation: Transport data is updated monthly, averaging 0.261 % Point from Jan 2021 (Median) to Mar 2025, with 51 observations. The data reached an all-time high of 0.535 % Point in Nov 2021 and a record low of -0.185 % Point in Jan 2021. Japan Consumer Price Index (CPI): COICOP 2018: Contribution to Annual Inflation: Transport data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.MEI: Consumer Price Index: COICOP 2018: Contribution to Annual Inflation: OECD Member. The index measures monthly changes in the general level of prices of goods and services that households acquire for consumption. Type of prices: Normal retail prices or service charges for items actually sold in establishments on the survey date; excludes temporary bargain (within a week) prices, prices for installment sales, abnormal prices due to disasters, and prices of second-hand articles. Prices are transaction prices, excluding temporary reductions, special sales, etc. Method of collection:The monthly RPS is the main source of data on prices for the CPI. Its sample design is akin to that of the Survey of Family Income and Expenditure (FIES). Approximately 750 price collectors visit 30,000 outlets to collect prices of reselected representative items. There are 509 items and 719 item specifications Treatment of rentals for housing: The index includes a measure of rented housing. Treatment of Owner-Occupied Housing: Owner-occupied housing is incorporated in the index through the imputed rent approach. Treatment of missing prices: For temporarily unavailable, seasonal, perishable items, such as fresh fruit and fish, the overall weight is held fixed at the annual level. The missing prices are excluded from long-run price comparisons between the 2005 mean reference price and the price in the current period. There is an implied imputation for the price change of the missing items-one based on the long-run price change of existing items. Treatment of quality changes: Explicit quality adjustments are made, when applicable. The option cost method is applied to automobiles and hedonic indices are used for digital cameras and personal computers. Treatment of seasonal items: For fresh fish and shellfish, fresh vegetables and fresh fruits the monthly variable weights are used for compiling the index. For seasonal goods excluidng fresh foods, the average prices of the month when the survey is conducted are substituted for the prices of the month when the survey is not conducted.

Japan Consumer Price Index (CPI): COICOP 2018: Contribution to Annual Inflation: Personal Care, Social Protection, Miscellaneous Goods & Services data was reported at 0.057 % Point in Mar 2025. This records a decrease from the previous number of 0.062 % Point for Feb 2025. Japan Consumer Price Index (CPI): COICOP 2018: Contribution to Annual Inflation: Personal Care, Social Protection, Miscellaneous Goods & Services data is updated monthly, averaging 0.062 % Point from Jan 2021 (Median) to Mar 2025, with 51 observations. The data reached an all-time high of 0.142 % Point in Aug 2023 and a record low of -0.014 % Point in Jan 2021. Japan Consumer Price Index (CPI): COICOP 2018: Contribution to Annual Inflation: Personal Care, Social Protection, Miscellaneous Goods & Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.MEI: Consumer Price Index: COICOP 2018: Contribution to Annual Inflation: OECD Member. The index measures monthly changes in the general level of prices of goods and services that households acquire for consumption. Type of prices: Normal retail prices or service charges for items actually sold in establishments on the survey date; excludes temporary bargain (within a week) prices, prices for installment sales, abnormal prices due to disasters, and prices of second-hand articles. Prices are transaction prices, excluding temporary reductions, special sales, etc. Method of collection:The monthly RPS is the main source of data on prices for the CPI. Its sample design is akin to that of the Survey of Family Income and Expenditure (FIES). Approximately 750 price collectors visit 30,000 outlets to collect prices of reselected representative items. There are 509 items and 719 item specifications Treatment of rentals for housing: The index includes a measure of rented housing. Treatment of Owner-Occupied Housing: Owner-occupied housing is incorporated in the index through the imputed rent approach. Treatment of missing prices: For temporarily unavailable, seasonal, perishable items, such as fresh fruit and fish, the overall weight is held fixed at the annual level. The missing prices are excluded from long-run price comparisons between the 2005 mean reference price and the price in the current period. There is an implied imputation for the price change of the missing items-one based on the long-run price change of existing items. Treatment of quality changes: Explicit quality adjustments are made, when applicable. The option cost method is applied to automobiles and hedonic indices are used for digital cameras and personal computers. Treatment of seasonal items: For fresh fish and shellfish, fresh vegetables and fresh fruits the monthly variable weights are used for compiling the index. For seasonal goods excluidng fresh foods, the average prices of the month when the survey is conducted are substituted for the prices of the month when the survey is not conducted.

Canada Core Inflation Nowcast: sa: Contribution: Foreign Exchange Rates: Foreign Exchange Rate: Daily Average: Japanese Yen data was reported at 7.143 % in 12 May 2025. This stayed constant from the previous number of 7.143 % for 05 May 2025. Canada Core Inflation Nowcast: sa: Contribution: Foreign Exchange Rates: Foreign Exchange Rate: Daily Average: Japanese Yen data is updated weekly, averaging 0.171 % from Jan 2018 (Median) to 12 May 2025, with 384 observations. The data reached an all-time high of 24.331 % in 12 Jun 2023 and a record low of 0.000 % in 17 Mar 2025. Canada Core Inflation Nowcast: sa: Contribution: Foreign Exchange Rates: Foreign Exchange Rate: Daily Average: Japanese Yen data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Canada – Table CA.CEIC.NC: CEIC Nowcast: Inflation: Core.

In 2024, Japan's gross domestic product (GDP) grew by three percent at current prices, according to a first second announcement in March 2025. Adjusted for inflation, the GDP increased by 0.1 percent.

Canada's inflation rate experienced significant fluctuations from 2018 to 2025. Inflation peaked at *** percent in June 2022 before steadily declining to *** percent by December 2024. In early 2025, inflation began to increase again, rising to *** percent in February, and dropping to *** percent in March. In response to rising inflation between 2020 and 2022, the Bank of Canada implemented aggressive interest rate hikes. The bank rate reached a maximum of **** percent in July 2023 and remained stable until June 2024. As inflationary pressures eased in the second half of 2024, the central bank reduced interest rates to *** percent in December 2024. In 2025, the bank rate witnessed two cuts, standing at ***** percent in May 2025. This pattern reflected broader global economic trends, with most advanced and emerging economies experiencing similar inflationary challenges and monetary policy adjustments. Global context of inflation and interest rates The Canadian experience aligns with the broader international trend of central banks raising policy rates to combat inflation. Between 2021 and 2023, nearly all advanced and emerging economies increased their central bank rates. However, a shift occurred in the latter half of 2024, with many countries, including Canada, beginning to lower rates. This change suggests a new phase in the global economic cycle and monetary policy approach. Notably, among surveyed countries, Russia maintained the highest interest rate in early 2025, while Japan had the lowest rate. Comparison with the United States The United States experienced a similar trajectory in inflation and interest rates. U.S. inflation peaked at *** percent in June 2022, slightly higher than Canada's peak. The Federal Reserve responded with a series of rate hikes, reaching **** percent in August 2023. This rate remained unchanged until September 2024, when the first cut since September 2021 was implemented. In contrast, Canada's bank rate peaked at **** percent and began decreasing earlier, with cuts in June and July 2024. These differences highlight the nuanced approaches of central banks in managing their respective economies amid global inflationary pressures.

Malaysia Core Inflation Nowcast: Contribution: Foreign Exchange Rates: FX Rate: Spot: BNM: Interbank Noon Middle Rate: Japanese Yen data was reported at 28.713 % in 12 May 2025. This stayed constant from the previous number of 28.713 % for 05 May 2025. Malaysia Core Inflation Nowcast: Contribution: Foreign Exchange Rates: FX Rate: Spot: BNM: Interbank Noon Middle Rate: Japanese Yen data is updated weekly, averaging 0.000 % from Oct 2020 (Median) to 12 May 2025, with 239 observations. The data reached an all-time high of 28.713 % in 12 May 2025 and a record low of 0.000 % in 17 Mar 2025. Malaysia Core Inflation Nowcast: Contribution: Foreign Exchange Rates: FX Rate: Spot: BNM: Interbank Noon Middle Rate: Japanese Yen data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Malaysia – Table MY.CEIC.NC: CEIC Nowcast: Inflation: Core.

Unemployment Rate in Japan remained unchanged at 2.50 percent in May. This dataset provides the latest reported value for - Japan Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The transportation sub-index of the CPI basket in Japan decreased to 99.60 points in May of 2025 from 99.90 points in April of 2025. This dataset provides - Japan Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The USD/JPY exchange rate rose to 147.3970 on July 11, 2025, up 0.77% from the previous session. Over the past month, the Japanese Yen has weakened 2.73%, but it's up by 6.63% over the last 12 months. Japanese Yen - values, historical data, forecasts and news - updated on July of 2025.

Housing Index in Japan increased to 131.15 points in April from 129.96 points in March of 2025. This dataset provides - Japan Construction Starts - actual values, historical data, forecast, chart, statistics, economic calendar and news.