Japan Inflation Rate

Last updated: 2024-11-25

Annual inflation

2.3%

YoY ending in Oct 2024

Monthly inflation

0.6%

October 2024

The graph above shows the annual inflation rates in Japan for the previous 10 calendar years, from 2014. For additional years, see the historical inflation rates. To calculate cumulative rates between two different periods, you can use the Japan Inflation Calculator.

The current inflation rate in Japan is 2.3%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in October 2024.

In October 2024, the monthly inflation rate was 0.6.

The following table contains recent YoY (Year-over-Year) and MoM (Month-over-Month) values.

Year Measure Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2024 YoY 2.2 2.8 2.7 2.5 2.8 2.8 2.8 3.0 2.5 2.3
MoM 0.1 0.0 0.3 0.4 0.4 0.1 0.4 0.5 -0.3 0.6
2023 YoY 4.3 3.3 3.2 3.5 3.2 3.3 3.3 3.2 3.0 3.3 2.8 2.6
MoM 0.5 -0.6 0.4 0.6 0.1 0.1 0.5 0.3 0.3 0.9 -0.2 -0.1

Historical Annual Inflation Rates from 1956

The table below contains annual inflation rates in Japan from 1956. The 'Inflation %' column indicates how much prices have changed since the previous year.

The 5-year and 10-year columns display the rolling average of the yearly inflation. For example, the 5-year avg. on the first row indicates that between 2018 and 2023, the average inflation rate was 1.19%. These values can be useful for long-term analysis and forecasting.

You can click or tap the table’s headers to sort the information.

Year Inflation 5-year Avg. 10-year Avg.
1956 2.74 - -
1957 1.81 - -
1958 0.21 - -
1959 2.09 - -
1960 3.59 1.52 -
1961 9.00 2.51 -
1962 4.90 3.24 -
1963 5.32 4.69 -
1964 4.69 5.25 -
1965 6.47 5.87 3.67
1966 4.41 5.80 4.14
1967 5.63 5.23 4.23
1968 3.91 4.96 4.83
1969 6.41 5.25 5.25
1970 6.97 5.27 5.57
1971 4.8 5.54 5.67
1972 5.7 5.71 5.47
1973 18.3 6.94 5.95
1974 21.0 10.37 7.78
1975 7.8 11.38 8.28
1976 10.5 12.00 8.72
1977 5.0 12.69 9.15
1978 3.9 11.16 9.03
1979 5.6 7.40 8.87
1980 6.9 6.62 8.97
1981 4.3 5.74 8.82
1982 2.0 4.66 8.60
1983 1.7 4.19 7.62
1984 2.6 3.89 5.63
1985 1.9 2.76 4.68
1986 -0.3 1.90 3.80
1987 0.8 1.38 3.01
1988 1.0 1.13 2.65
1989 2.6 1.14 2.51
1990 3.8 1.34 2.05
1991 2.7 1.87 1.89
1992 1.2 2.20 1.79
1993 1.0 2.32 1.72
1994 0.7 2.00 1.57
1995 -0.3 1.37 1.35
1996 0.6 0.74 1.31
1997 1.8 0.74 1.47
1998 0.6 0.62 1.47
1999 -1.1 0.41 1.20
2000 -0.2 0.29 0.83
2001 -1.2 0.12 0.43
2002 -0.3 -0.40 0.17
2003 -0.4 -0.58 0.02
2004 0.2 -0.51 -0.05
2005 -0.1 -0.43 -0.07
2006 0.3 -0.24 -0.06
2007 0.7 -0.05 -0.22
2008 0.4 0.27 -0.15
2009 -1.7 0.01 -0.25
2010 0.0 -0.08 -0.26
2011 -0.2 -0.19 -0.22
2012 -0.1 -0.21 -0.13
2013 1.6 -0.41 -0.07
2014 2.4 0.40 0.20
2015 0.2 0.71 0.31
2016 0.3 0.74 0.27
2017 1.0 0.84 0.32
2018 0.3 0.98 0.28
2019 0.8 0.52 0.46
2020 -1.2 0.36 0.53
2021 0.8 0.34 0.54
2022 4.0 0.73 0.79
2023 2.6 1.19 1.08

More historical data →