Japan Inflation Rate

Last Release

Feb 28, 2025

Actual

3.7

Units In

Frequency

Monthly

Next Release

Apr 17, 2025

Time to Release

26 Days 22 Hours

Highest	Lowest	Average	Date Range	Source
24.9 Feb 1974	-2.5 Oct 2009	2.85 %	1958-2025	Ministry of Internal Affairs & Communications

In Japan, the most important categories in the consumer price index are Food (25 percent of total weight) and Housing (21 percent). Transportation and communications accounts for 14 percent; Culture and recreation for 11.5 percent; Fuel, light and water charges for 7 percent; Medical care for 4.3 percent; Clothes and footwear for 4 percent. Furniture and household utensils, Education and Miscellaneous goods and services account for the remaining.

Latest Updates

The annual inflation rate in Japan fell to 3.7% in February 2025 from a 2-year high of 4.0% in the prior month, amid a sharp slowdown in prices of electricity (9.0% vs 18.0% in January ) and gas (3.4% vs 6.8%) following government's reinstatement of energy subsidies. Also, food prices rose slightly slower after hitting a 15-month high in January (7.6% vs 7.8%). Further, inflation moderated for healthcare (1.7% vs. 1.8%), recreation (2.1% vs. 2.6%), and miscellaneous items (1.1% vs. 1.4%). At the same time, education cost continued to fall (-1.1% vs. -1.1%). In contrast, inflation remained steady for housing (at 0.8%) and clothing (at 2.8%), while accelerating for transport (2.4% vs. 2.0%) and furniture and household items (4.0% vs. 3.4%), and bouncing back for communications (0.1% vs. -0.3%). The core inflation rate dropped to 3.0% from January's 19-month top of 3.2%, above forecasts of 2.9%. Monthly, the CPI dropped 0.1%, the first fall since September, after a 0.5% gain in January.