$JPIRYY - Japan's Inflation Rate (July/2026)ECONOMICS:JPIRYY 1.9%
July/2026 +0.3%
source: Ministry of Internal Affairs & Communications
- Japan's annual inflation rate accelerated to 1.9% in July 2026 from a marginally revised 1.6% in the previous month, marking the highest reading since December 2025.
The pickup was partly driven b
Key data points
Last release
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Observation period
Jun 2026
Next release
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Forecast
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Highest
24.90 %on Feb 28, 1974
Lowest
−2.50 %on Oct 31, 2009
Indicator info
In Japan, the most important categories in the consumer price index are Food (26 percent of total weight) and Housing (21 percent). Transportation and communications account for 15 percent; Culture and recreation for 9 percent; Fuel, light and water charges for 7 percent; Miscellaneous goods and services for 6 percent; and Medical care for 5 percent. Furniture and household utensils, Clothes and footwear, and Education account for the remaining 10 percent of total weight.
Related indicators
$JPIRYY -Japan Raises Rates to Highest Since 1995 (June/2026)ECONOMICS:JPIRYY
June/2026
source: Bank of Japan
- The Bank of Japan lifted its key short-term rate by 25bps to 1.0% at its June meeting, the highest since September 1995, in its first policy meeting without the governor in attendance. The widely expected move aimed at preventing the Iran war
$JPIRYY -Japan CPI (April/2026)ECONOMICS:JPIRYY 1.4%
April/2026 -0.1%
source: Ministry of Internal Affairs & Communications
- Japan’s annual inflation edged down to 1.4% in April 2026 from 1.5% in the prior month. Food prices rose the least in 18 months amid a further slowdown in rice costs.
Inflation also slowed for tr
$JPIRYY - Japan's CPI (March/2026)ECONOMICS:JPIRYY 1.5%
March/2026 +0.2%
source: Ministry of Internal Affairs & Communications
- Japan’s annual inflation rose to 1.5% in March 2026 from February’s near four-year low of 1.3%, with transport costs posting the fastest increase in four months (2.1% vs 0.5% in February), amid
$JPRIIY- Japan's CPI (February/2026)ECONOMICS:JPIRYY
February/2026
source: Ministry of Internal Affairs & Communications
-Inflation Rate in Japan decreased to 1.30 percent in February from 1.50 percent in January of 2026. Inflation Rate in Japan averaged 2.85 percent from 1958 until 2026, reaching an all time high of 24.90 per
$JPIRYY - Japan CPI (January/2026)ECONOMICS:JPIRYY 1.5%
January/2026 -0.6%
source: Ministry of Internal Affairs & Communications
- Japan’s annual inflation eased to 1.5% in January 2026 from 2.1% in the prior month, the lowest since March 2022. Food inflation fell to a 15-month low (3.9% vs 5.1% in December), driven by the
$JPIRYY - Japan's CPI (December/2025)ECONOMICS:JPIRYY
December/2025
source: Ministry of Internal Affairs & Communications
- Japan’s annual inflation eased to 2.1% in December 2025 from 2.9% in the prior month, the lowest since March 2022. Food inflation fell to a 13-month low (5.1% vs 6.1%), driven by the slowest rise in rice price
$JPIRYY - BoJ Raises Rates to Highest Since 1995(December/2025)ECONOMICS:JPIRYY
December/2025 +0.75%
source: Bank of Japan
- The Bank of Japan unanimously raised its key short-term interest rate by 25bps to 0.75% at its December meeting,
the highest level since September 1995 and in line with consensus.
The move marked its second rate hike this year afte
$JPIRYY -Japan CPI (October/2025)ECONOMICS:JPIRYY 3%
October/2025 (+0.1%)
source: Ministry of Internal Affairs & Communications
-Japan’s annual inflation rate edged up to 3.0% in October 2025 from 2.9% in September,
marking the highest reading since July.
Electricity cost rose the most in four months following the expiry of g
$JPIRYY -Japan CPI (September/2025)ECONOMICS:JPIRYY
September/2025
source: Ministry of Internal Affairs & Communications
- Japan’s annual inflation rate rose to 2.9% in September 2025 from August’s 10-month low of 2.7%.
The increase was driven by the first rise in electricity prices in three months (3.2% vs -7.2%) and a rebound i
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Frequently asked questions
The highest figure Japan inflation rate YoY has ever reached is 24.90%.
The lowest ever Japan inflation rate YoY is −2.50%.
Last month Japan inflation rate YoY was 1.90%, and the month before it reached 1.60%. To better understand the dynamics, compare these two values.









