Japan Inflation Rate

Last Release

Mar 31, 2025

Actual

3.6

Units In

3.7

Frequency

Monthly

Next Release

May 22, 2025

Time to Release

1 Months 2 Days 17 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

Japan's annual inflation rate edged to 3.6% in March 2025 from 3.7% in the prior month, marking the lowest print since last November. Prices of electricity (8.7% vs 9.0% in February) and gas (2.4% vs 3.4%) eased further amid energy subsidies. At the same time, food prices rose the least in three months (7.4% vs 7.6%) even as rice costs jumped by 92.1% yoy due to poor harvests, rising demand from record tourist numbers, and panic buying after a megaquake warning. Inflation also eased slightly for recreation (2.0% vs 2.1%), while education cost fell further (-1.2% vs -1.1%). In contrast, inflation was stable for housing (at 0.8%) and miscellaneous items (at 1.1%) but accelerated for clothing (3.0% vs 2.8%), healthcare (2.0% vs 1.7%), transport (2.7% vs 2.4%), furniture and household items (4.5% vs 4.0%), and communications (1.0% vs 0.1%). However, the core inflation rate rose to 3.2% from 3.0%, in line with market estimates. Monthly, the CPI increased 0.3%, after a 0.1% drop in February.