Japan: Inflation, monthly
* indicates monthly or quarterly data series
The most recent value is 0.09 percent as of June 2026, a decline compared to the previous value of 0.44 percent. Historically, the average for Japan from February 1960 to June 2026 is 0.24 percent. The minimum of -1.55 percent was recorded in November 1960, while the maximum of 4.31 percent was reached in January 1974.
Click on the following link to see the values of: Inflation, monthly around the world.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Statistics Bureau of Japan
| Recent values | Japan: Inflation, monthly percent change in the CPI |
|---|---|
| 2026 Jun | 0.09 |
| 2026 May | 0.44 |
| 2026 Apr | 0.27 |
| 2026 Mar | 0.45 |
| 2026 Feb | -0.62 |
| 2026 Jan | -0.09 |
| 2025 Dec | -0.18 |
| 2025 Nov | 0.35 |
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Definition: The percentage change in the CPI from one month to the next.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 3.2 | 2025 | percent |
| Exchange rate regimes | 7 | 2023 | index points |
| USD exchange rate | 162.3000 | 7/2026 | Local Currency Units per USD |
| Money supply (broad money) | 1,296,442.60 | 6/2026 | billion |
| Consumer Price Index (CPI) | 119.8102 | 6/2026 | index points |
| Inflation, monthly | 0.09 | 6/2026 | percent |
| Inflation, annual | 1.70 | 6/2026 | percent |
| Food and beverages inflation | 3.63 | 6/2026 | percent |
| Alcohol and tobacco inflation | 0.61 | 6/2026 | percent |
| Energy price inflation | -0.08 | 6/2026 | percent |
| Transport services inflation | 1.15 | 6/2026 | percent |
| Services inflation | 0.97 | 6/2026 | 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 | 718,991.30 | 6/2026 | billion |
| Business credit | 522,280.10 | 6/2026 | billion |
| Household credit | 196,711.20 | 6/2026 | billion |
| Mortgage credit | 177,907.70 | Q2/2026 | billion |
| Consumer credit | 18,803.50 | Q2/2026 | 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 |