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Japan · Core inflation rate

Japan Core inflation rate

Source: OECD (terms permit extract/distribute, incl. commercial, with citation). · updated 2026-09-30

Latest · 2026-09-302.2%
Previous · 2026-08-311.7%
Highest · 1990-02-283.32%
Lowest · 2022-01-31-1.7%

Japan's core inflation rate stands at 2.2% as of 2026-09-30, up from 1.7% in 2026-08-31. Historical data runs from 1990 to 2026 (441 observations).

Recent trend

In 2026-09-30, Japan's core inflation rate was 2.2%, up from 1.7% in 2026-08-31.

In 2026-08-31, Japan's core inflation rate was 1.7%, up from 1.5% in 2026-07-31.

In 2026-07-31, Japan's core inflation rate was 1.5%, up from 1.3% in 2026-06-30.

In 2026-06-30, Japan's core inflation rate was 1.3%, up from 1.2% in 2026-05-31.

In 2026-05-31, Japan's core inflation rate was 1.2%, unchanged from 1.2% in 2026-04-30.

Japan Core inflation rate — historical data

DateValueChange
2026-09-302.2%+0.5%
2026-08-311.7%+0.2%
2026-07-311.5%+0.2%
2026-06-301.3%+0.1%
2026-05-311.2%+0%
2026-04-301.2%-0.4%
2026-03-311.6%+0.1%
2026-02-281.5%+0%
2026-01-311.5%-0.2%
2025-12-311.7%+0%
2025-11-301.7%-0.1%
2025-10-311.8%+0.3%
2025-09-301.5%-0.3%
2025-08-311.8%+0%
2025-07-311.8%+0%
2025-06-301.8%+0%
2025-05-311.8%+0%
2025-04-301.8%+0.1%
2025-03-311.7%+0.1%
2025-02-281.6%-0.1%
2025-01-311.7%+0%
2024-12-311.7%+0%
2024-11-301.7%+0%
2024-10-311.7%+0%
2024-09-301.7%-0.1%
2024-08-311.8%+0.1%
2024-07-311.7%-0.3%
2024-06-302%+0.2%
2024-05-311.8%-0.2%
2024-04-302%-0.2%
2024-03-312.2%-0.3%
2024-02-292.5%-0.2%
2024-01-312.7%-0.1%
2023-12-312.8%+0%
2023-11-302.8%+0%
2023-10-312.8%+0%
2023-09-302.8%-0.1%
2023-08-312.9%+0%
2023-07-312.9%+0.1%
2023-06-302.8%-0.1%
2023-05-312.9%+0.1%
2023-04-302.8%+0.2%
2023-03-312.6%+0.2%
2023-02-282.4%+0.2%
2023-01-312.2%+0.3%
2022-12-311.9%+0.2%
2022-11-301.7%+0%
2022-10-311.7%+0.6%
2022-09-301.1%+0.2%
2022-08-310.9%+0.4%
2022-07-310.5%+0.1%
2022-06-300.4%+0.1%
2022-05-310.3%+0.1%
2022-04-300.2%+1.7%
2022-03-31-1.5%+0.1%
2022-02-28-1.6%+0.1%
2022-01-31-1.7%-0.5%
2021-12-31-1.2%-0.1%
2021-11-30-1.1%+0%
2021-10-31-1.1%-0.3%
2021-09-30-0.8%-0.2%
2021-08-31-0.6%+0.2%
2021-07-31-0.8%+0.1991%
2021-06-30-0.9991%+0.0042%
2021-05-31-1%+0.0945%
2021-04-30-1.1%-1.15%
2021-03-310.0497%-0.0589%
2021-02-280.1086%+0.1077%
2021-01-310.0009%+0.4153%
2020-12-31-0.4145%+0.0266%
2020-11-30-0.4411%-0.1223%
2020-10-31-0.3188%-0.3434%
2020-09-300.0246%+0.2136%
2020-08-31-0.189%-0.6194%
2020-07-310.4304%+0.0515%
2020-06-300.379%+0.1872%
2020-05-310.1917%+0.125%
2020-04-300.0667%-0.4206%
2020-03-310.4873%-0.0175%
2020-02-290.5049%-0.1552%

Source: OECD (terms permit extract/distribute, incl. commercial, with citation). · Download this series as CSV — free, attribution required (CC BY 4.0).

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Frequently asked questions

What is Japan's core inflation rate?

Japan's core inflation rate is 2.2% as of 2026-09-30, compared with 1.7% in 2026-08-31. Source: OECD (terms permit extract/distribute, incl. commercial, with citation).

What was the highest core inflation rate in Japan?

The highest recorded value is 3.32% (1990-02-28); the lowest is -1.7% (2022-01-31), across data from 1990 to 2026.

Where does this data come from?

Source: OECD (terms permit extract/distribute, incl. commercial, with citation). Figures are republished with attribution and updated as the source releases new observations.