Makrognosis

Japan Inflation Rate (CPI)

MonthlySeasonally adjustedCode JP.CPI.M.SA

Latest (y/y)2.2%September 2026
Previous (y/y)1.9%August 2026
Level102.5September 2026

Japan Inflation Rate (CPI) was up 2.2% year on year in September 2026, compared with 1.9% in August 2026.

The level stood at 102.5 (index 2025=100).

Among the 80 economies Makrognosis covers on this measure, it is the 12th lowest.

Over the past ten years it has ranged from −1.1% (Apr 2021) to 4.4% (Jan 2023), averaging 1.5%.

Japan Inflation Rate (CPI), annual % change, Jan 2011 – Sep 2026−2%0%2%4%20122014201620182020202220242026Robomacro
Japan Inflation Rate (CPI), annual % change, Jan 2011 – Sep 2026. Source: Statistics Bureau of Japan (e-Stat).
Japan Inflation Rate (CPI), level (index 2025=100)80859095100105201020122014201620182020202220242026Robomacro
Japan Inflation Rate (CPI), level (index 2025=100).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
September 2026102.52.2
August 2026102.11.9
July 2026102.12.0
June 2026101.71.7
May 2026101.41.5
April 2026101.01.4
March 2026100.91.5
February 2026100.41.2
January 2026100.61.5
December 2025100.82.0
November 2025100.82.8
October 2025100.63.0
September 2025100.33.0
August 2025100.22.8
July 2025100.13.2
June 2025100.03.3
May 202599.903.5
April 202599.603.6
March 202599.403.5
February 202599.203.7
January 202599.103.9
December 202498.803.6
November 202498.102.9
October 202497.702.2

Last 24 observations. The full history (201 observations) is available through the API.

Get Japan Inflation Rate (CPI) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/JP.CPI.M.SA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/JP.CPI.M.SA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationJanuary 2010
Observations201
FrequencyMonthly
Unitsindex 2025=100
AdjustmentSeasonally adjusted
10-year high4.4% (Jan 2023)
10-year low−1.1% (Apr 2021)
10-year average1.5%
Source agencyStatistics Bureau of Japan (e-Stat)
Makrognosis codeJP.CPI.M.SA

Inflation Rate (CPI): how Japan compares

#EconomyPeriodLatest
1VenezuelaOct 2026376.9%
2SudanDec 202568.1%
3ArgentinaOct 202633.1%
4TurkeyOct 202629.8%
5HaitiSep 202616.4%
64BahamasFeb 20262.7%
65LuxembourgOct 20262.7%
66FinlandSep 20262.5%
67TaiwanOct 20262.3%
68SingaporeSep 20262.2%
69JapanSep 20262.2%
70DenmarkOct 20262.2%
71KuwaitJul 20262.2%
72HungarySep 20262.1%
73Saudi ArabiaSep 20261.9%
74Hong KongSep 20261.9%
75MalaysiaSep 20261.8%

Inflation Rate (CPI) by country: all 80 economies ranked →

More Japan Inflation Rate (CPI) series

Japan CPI — Clothes & Footwear (2025=100 index)Japan CPI — Communication (2025=100 index)Japan CPI — Culture & Recreation (2025=100 index)Japan CPI — Education (2025=100 index)Japan CPI — Electricity (2025=100 index)Japan CPI — Energy (2025=100 index)Japan CPI — Fuel, Light & Water Charges (2025=100 index)Japan CPI — Furniture & Household Utensils (2025=100 index)Japan CPI — Gas (2025=100 index)Japan CPI — Housing (2025=100 index)Japan CPI — Medical Care (2025=100 index)Japan CPI — Miscellaneous (2025=100 index)Japan CPI — Private Transportation (2025=100 index)Japan CPI — Public Transportation (2025=100 index)Japan CPI — Rent (2025=100 index)Japan CPI — Transportation & Communication (2025=100 index)Japan CPI: All items (2025=100)Japan CPI: Food (2025=100)

Other Japan indicators

Japan GDP (Gross Domestic Product)Japan Nominal GDP, expenditure side, current prices, SA at annual rate (Cabinet Office QE)Japan CPI: All items (2025=100)Japan Core Inflation RateJapan Unemployment RateJapan Unemployment Rate (not seasonally adjusted)Japan Credit Rating & Sovereign Risk ScoreJapan Industrial ProductionJapan Producer Price Inflation (PPI)Japan Current Account Balance (BoP, monthly)Japan Trade Balance: Goods & ServicesJapan Merchandise Exports, BoP basis (Goods Credit, BPM6)Japan Merchandise Imports, BoP basis (Goods Debit, BPM6)Japan EmploymentJapan M2 Money StockJapan Average Contract Interest Rate on Outstanding Loans and Discounts, Total (Domestically Licensed Banks)

FAQ

What is the current inflation Rate (CPI) in Japan?
The latest reading is 2.2% year on year for September 2026, published by Statistics Bureau of Japan (e-Stat).
Where does this data come from?
It is collected directly from Statistics Bureau of Japan (e-Stat) and is available through the Makrognosis API under the code JP.CPI.M.SA.

Last updated 2026-11-04. Source: Statistics Bureau of Japan (e-Stat). Original title: “Japan CPI: All items, seasonally adjusted (2025=100)”.