Japan: Inflation, annual
* indicates monthly or quarterly data series
The most recent value is 1.35 percent as of April 2026, a decline compared to the previous value of 1.44 percent. Historically, the average for Japan from January 1961 to April 2026 is 2.94 percent. The minimum of -2.56 percent was recorded in October 2009, while the maximum of 25 percent was reached in February 1974.
Click on the following link to see the values of: Inflation, annual around the world.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Statistics Bureau of Japan
| Recent values | Japan: Inflation, annual percent change in the CPI |
|---|---|
| 2026 Apr | 1.35 |
| 2026 Mar | 1.44 |
| 2026 Feb | 1.26 |
| 2026 Jan | 1.53 |
| 2025 Dec | 2.08 |
| 2025 Nov | 2.91 |
| 2025 Oct | 3.01 |
| 2025 Sep | 2.85 |
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Definition: Percent change in the CPI from the same month last year.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 2.7 | 2024 | percent |
| Exchange rate regimes | 7 | 2023 | index points |
| USD exchange rate | 160.8539 | 6/2026 | Local Currency Units per USD |
| Money supply (broad money) | 1,296,442.60 | 6/2026 | billion |
| Consumer Price Index (CPI) | 119.1774 | 4/2026 | index points |
| Inflation, monthly | 0.27 | 4/2026 | percent |
| Inflation, annual | 1.35 | 4/2026 | percent |
| Food and beverages inflation | 4.04 | 4/2026 | percent |
| Alcohol and tobacco inflation | 1.15 | 4/2026 | percent |
| Energy price inflation | -3.82 | 4/2026 | percent |
| Transport services inflation | -1.31 | 4/2026 | percent |
| Services inflation | 0.97 | 4/2026 | percent |
| Information and communication inflation | 4.26 | 4/2026 | percent |
| Restaurant and accommodation services inflation | 1.79 | 4/2026 | percent |
| Health care inflation | 0.10 | 4/2026 | percent |
| Education services inflation | -5.63 | 4/2026 | percent |
| Clothing and footwear inflation | 1.52 | 4/2026 | percent |
| Housing inflation | 0.60 | 4/2026 | percent |
| Private sector credit | 676,558.30 | 7/2025 | billion |
| Business credit | 486,747.80 | 7/2025 | billion |
| Household credit | 189,810.50 | 7/2025 | billion |
| Mortgage credit | 171,799.80 | Q2/2025 | billion |
| Consumer credit | 17,818.90 | Q2/2025 | billion |
| Deposit interest rate | 0.55 | 12/2025 | percent |
| Policy rate | 1.00 | 6/2026 | percent |
| Household debt to GDP | 61.10 | 12/2025 | percent |
| Debt service ratios for private non-financial sector | 15.50 | Q4/2025 | percent |
| Bank deposits, total | 992,753.80 | 5/2026 | billion local currency units |