Japan Inflation Rate

How much consumer prices are rising compared with a year ago.

2.1%

+0.2pp vs Aug 2026

Sep 2026 · Monthly data

Not seasonally adjusted

Matches the latest releaseNot refreshed recently, awaiting the next release

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Inflation Rate

Jan 1971 to Sep 2026

Source: Statistics Bureau of Japan (e-Stat) · all items, year on year, not seasonally adjusted, 2025 base (the Statistics Bureau's headline figure since August 2026), as published by the Bureau, not recalculated from the index.

Japan Inflation Rate in context

Worked out from the published series shown above.

In Japan, the inflation rate fell by 0.8pp over the year to Sep 2026, from 2.9% in Sep 2025.

Over the past five years it has ranged from 0.1% in Oct 2021 to 4.3% in Jan 2023.

Its average since Jan 1971 is 2.4%, and the latest reading is below that.

Japan is 50th of 62 countries in our Inflation Rate by Country ranking.

How this series is defined

Everything you need to check the figure against the source.

Source
Statistics Bureau of Japan (e-Stat)
Series
See the citation below
Frequency
Monthly
Unit
%
Seasonal adjustment
Not seasonally adjusted
Latest observation
Sep 2026
Revision status
Latest published estimate, subject to revision

The Bank of Japan targets 2% inflation.

Data refreshed 2026-10-28. Figures are the latest published observations and can be revised.

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Rankings

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