# Japan Inflation Rate (CPI)

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%.

- Source agency: Statistics Bureau of Japan (e-Stat)
- Makrognosis code: `JP.CPI.M.SA`
- Frequency: monthly
- Units: index 2025=100
- Coverage: 2010-01-01 to 2026-09-01 (201 observations)
- Page: https://makrognosis.robomacro.com/data/japan/inflation-rate-cpi

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| September 2026 | 102.5 | 2.2 |
| August 2026 | 102.1 | 1.9 |
| July 2026 | 102.1 | 2.0 |
| June 2026 | 101.7 | 1.7 |
| May 2026 | 101.4 | 1.5 |
| April 2026 | 101.0 | 1.4 |
| March 2026 | 100.9 | 1.5 |
| February 2026 | 100.4 | 1.2 |
| January 2026 | 100.6 | 1.5 |
| December 2025 | 100.8 | 2.0 |
| November 2025 | 100.8 | 2.8 |
| October 2025 | 100.6 | 3.0 |
| September 2025 | 100.3 | 3.0 |
| August 2025 | 100.2 | 2.8 |
| July 2025 | 100.1 | 3.2 |
| June 2025 | 100.0 | 3.3 |
| May 2025 | 99.90 | 3.5 |
| April 2025 | 99.60 | 3.6 |
| March 2025 | 99.40 | 3.5 |
| February 2025 | 99.20 | 3.7 |
| January 2025 | 99.10 | 3.9 |
| December 2024 | 98.80 | 3.6 |
| November 2024 | 98.10 | 2.9 |
| October 2024 | 97.70 | 2.2 |

## API

```
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"]
```