Makrognosis

Japan Services Producer Price Index, all items

MonthlyNot seasonally adjustedCode JP.SPPI.M.NSA

Latest (y/y)3.7%September 2026
Previous (y/y)3.5%August 2026
Level115.5September 2026

Japan Services Producer Price Index, all items was up 3.7% year on year in September 2026, compared with 3.5% in August 2026.

The level stood at 115.5 (index CY2020=100).

That is the highest reading since the series began in January 1996.

Over the past ten years it has ranged from −0.7% (Jan 2021) to 3.7% (Sep 2026), averaging 1.7%.

Japan Services Producer Price Index, all items, annual % change, Jan 1997 – Sep 2026−4%−2%0%2%4%200020052010201520202025Robomacro
Japan Services Producer Price Index, all items, annual % change, Jan 1997 – Sep 2026. Source: Bank of Japan.
Japan Services Producer Price Index, all items, level (index CY2020=100)9095100105110115200020052010201520202025Robomacro
Japan Services Producer Price Index, all items, level (index CY2020=100).

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

Recent data

PeriodValueY/Y %
September 2026115.53.7
August 2026115.23.5
July 2026115.13.6
June 2026114.63.4
May 2026115.03.6
April 2026115.03.6
March 2026113.73.2
February 2026112.22.7
January 2026112.02.7
December 2025112.52.6
November 2025112.62.8
October 2025112.22.7
September 2025111.43.1
August 2025111.32.8
July 2025111.12.7
June 2025110.82.8
May 2025111.03.1
April 2025111.03.1
March 2025110.23.5
February 2025109.23.3
January 2025109.13.4
December 2024109.63.4
November 2024109.53.4
October 2024109.23.4

Last 24 observations. The full history (369 observations) is available through the API.

Get Japan Services Producer Price Index, all items 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.SPPI.M.NSA"

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

About this series

Latest observationSeptember 2026
First observationJanuary 1996
Observations369
FrequencyMonthly
Unitsindex CY2020=100
AdjustmentNot seasonally adjusted
10-year high3.7% (Sep 2026)
10-year low−0.7% (Jan 2021)
10-year average1.7%
Source agencyBank of Japan
Makrognosis codeJP.SPPI.M.NSA

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 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 Stock

FAQ

What is the current services Producer Price Index, all items in Japan?
The latest reading is 3.7% year on year for September 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.SPPI.M.NSA.

Last updated 2026-10-26. Source: Bank of Japan. Original title: “Services Producer Price Index, all items (BOJ, 2020=100)”.