Japan Inflation Rate, Month on Month

How much consumer prices rose or fell compared with just the previous month, more volatile than the annual rate, useful for spotting turning points earlier.

0.0%

−0.1pp 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, Month on Month

Feb 1970 to Sep 2026

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

Japan Inflation Rate, Month on Month in context

Worked out from the published series shown above.

In Japan, the inflation rate, month on month rose by 0.2pp over the year to Sep 2026, from −0.2% in Sep 2025.

Over the past five years it has ranged from −0.6% in Feb 2023 to 0.9% in Oct 2023.

Its average since Feb 1970 is 0.2%, and the latest reading is below that.

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

Data refreshed 2026-11-06. Figures are the latest published observations and can be revised.

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