Makrognosis

Japan Producer Price Inflation (PPI)

MonthlyNot seasonally adjustedCode JP.PPI.M.NSA

Latest (y/y)7.1%October 2026
Previous (y/y)6.8%September 2026
Level136.8October 2026

Japan Producer Price Inflation (PPI) was up 7.1% year on year in October 2026, compared with 6.8% in September 2026.

The level stood at 136.8 (index 2020=100).

Among the 41 economies Makrognosis covers on this measure, it is the 20th lowest.

Over the past ten years it has ranged from −2.7% (Oct 2016) to 10.6% (Dec 2022), averaging 3.2%.

Japan Producer Price Inflation (PPI), annual % change, Jan 1997 – Oct 2026−10%−5%0%5%10%200020052010201520202025Robomacro
Japan Producer Price Inflation (PPI), annual % change, Jan 1997 – Oct 2026. Source: Bank of Japan.
Japan Producer Price Inflation (PPI), level (index 2020=100)90100110120130140200020052010201520202025Robomacro
Japan Producer Price Inflation (PPI), level (index 2020=100).

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

Recent data

PeriodValueY/Y %
October 2026136.87.1
September 2026135.86.8
August 2026136.17.6
July 2026136.57.7
June 2026135.97.5
May 2026135.16.8
April 2026133.65.5
March 2026130.03.0
February 2026128.62.2
January 2026128.62.5
December 2025128.22.5
November 2025128.12.8
October 2025127.72.8
September 2025127.12.8
August 2025126.52.7
July 2025126.72.5
June 2025126.42.8
May 2025126.53.1
April 2025126.63.9
March 2025126.24.3
February 2025125.84.3
January 2025125.54.2
December 2024125.14.1
November 2024124.63.9

Last 24 observations. The full history (370 observations) is available through the API.

Get Japan Producer Price Inflation (PPI) 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.PPI.M.NSA"

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

About this series

Latest observationOctober 2026
First observationJanuary 1996
Observations370
FrequencyMonthly
Unitsindex 2020=100
AdjustmentNot seasonally adjusted
10-year high10.6% (Dec 2022)
10-year low−2.7% (Oct 2016)
10-year average3.2%
Source agencyBank of Japan
Makrognosis codeJP.PPI.M.NSA

Producer Price Inflation (PPI): how Japan compares

#EconomyPeriodLatest
1NorwayOct 202659.0%
2SingaporeSep 202647.5%
3TurkeyOct 202627.4%
4LithuaniaOct 202620.0%
5IrelandSep 202619.9%
17FinlandSep 20269.2%
18NetherlandsSep 20268.4%
19South KoreaSep 20267.7%
20DenmarkSep 20267.2%
21HungarySep 20267.2%
22JapanOct 20267.1%
23FranceSep 20266.8%
24CyprusSep 20266.8%
25GermanySep 20266.7%
26AustriaSep 20266.4%
27United StatesSep 20266.3%
28South AfricaSep 20266.2%

Producer Price Inflation (PPI) by country: all 41 economies ranked →

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 Inflation Rate (CPI)Japan Core Inflation RateJapan Unemployment RateJapan Unemployment Rate (not seasonally adjusted)Japan Credit Rating & Sovereign Risk ScoreJapan Industrial ProductionJapan 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 producer Price Inflation (PPI) in Japan?
The latest reading is 7.1% year on year for October 2026, published by Bank of Japan.
Where does this data come from?
It is collected directly from Bank of Japan and is available through the Makrognosis API under the code JP.PPI.M.NSA.

Last updated 2026-11-12. Source: Bank of Japan. Original title: “Japan Corporate Goods Price Index, all commodities (2020=100)”.