Core consumer prices in Japan decreased 0.20 percent in May of 2020 over the same month in the previous year.

Core Inflation Rate in Japan averaged 2.47 percent from 1971 until 2020, reaching an all time high of 24.70 percent in October of 1974 and a record low of -2.40 percent in August of 2009. This page provides - Japan Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Statistics Bureau of Japan

Core Inflation Rate in Japan is expected to be -0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Japan to stand at 0.60 in 12 months time. In the long-term, the Japan Core Inflation Rate is projected to trend around 1.00 percent in 2021 and 1.20 percent in 2022, according to our econometric models.

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Japan Core Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-0.20 -0.20 24.70 -2.40 1971 - 2020 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-18 11:30 PM Feb 0.6% 0.8% 0.6% 0.6%
2020-04-23 11:30 PM Mar 0.4% 0.6% 0.4% 0.4%
2020-05-21 11:30 PM Apr -0.2% 0.4% -0.1% -0.1%
2020-06-18 11:30 PM May -0.2% -0.2% -0.1% -0.1%
2020-07-20 11:30 PM Jun -0.2% -1%
2020-08-20 11:30 PM Jul
2020-09-17 11:30 PM Aug
2020-10-22 11:30 PM Sep -0.9%


News Stream
Japan Core Inflation Rate Inches Up
Japan's core consumer prices, which include oil products but exclude fresh food prices, rose 0.5 percent from a year earlier in November 2019, slightly up from a 0.4 percent increase in the prior month, but well below the Bank of Japan's 2 percent target. Stripping away the effect of fresh food and energy, consumer prices rose 0.8 percent, the most since April 2016. The latest figure is a result of an increase in sales tax from 8 percent to 10 percent in October, which has pushed prices up but reduced consumer demand, a key driver of inflation.
2019-12-19
Japan Core Inflation Rate Edges Up
Japan's core consumer prices, which include oil products but exclude fresh food prices, rose 0.4 percent from a year earlier in October 2019, slightly up from a 0.3 percent increase in the prior month and matching market expectations. Stripping away the effect of fresh food and energy, consumer prices rose 0.7 percent in October, rising from the 0.5 percent print for the previous month.
2019-11-22
Japan Core Inflation Declines to 29-Month Low
Japan's core consumer prices, which include oil products but exclude fresh food prices, rose 0.3 percent from a year earlier in September 2019, easing from a 0.5 percent in increase in the previous month and matching market expectations. That was the lowest rate since April 2017. Stripping away the effect of fresh food and energy, consumer prices rose 0.5 percent in September, edging down from the 0.6 percent print for the previous month.
2019-10-17

Japan Core Inflation Rate
In Japan, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes prices of fresh food.