Economy
Source: OECD (terms permit extract/distribute, incl. commercial, with citation). · updated 2026-05-31
Japan's inflation rate stands at 1.5% as of 2026-05-31, up from 1.4% in 2026-04-30. Historical data runs from 1990 to 2026 (437 observations).
In 2026-05-31, Japan's inflation rate was 1.5%, up from 1.4% in 2026-04-30.
In 2026-04-30, Japan's inflation rate was 1.4%, down from 1.5% in 2026-03-31.
In 2026-03-31, Japan's inflation rate was 1.5%, up from 1.3% in 2026-02-28.
In 2026-02-28, Japan's inflation rate was 1.3%, down from 1.5% in 2026-01-31.
In 2026-01-31, Japan's inflation rate was 1.5%, down from 2.1% in 2025-12-31.
| Date | Value | Change |
|---|---|---|
| 2026-05-31 | 1.5% | +0.1% |
| 2026-04-30 | 1.4% | -0.1% |
| 2026-03-31 | 1.5% | +0.2% |
| 2026-02-28 | 1.3% | -0.2% |
| 2026-01-31 | 1.5% | -0.6% |
| 2025-12-31 | 2.1% | -0.8% |
| 2025-11-30 | 2.9% | -0.1% |
| 2025-10-31 | 3% | +0.1% |
| 2025-09-30 | 2.9% | +0.2% |
| 2025-08-31 | 2.7% | -0.4% |
| 2025-07-31 | 3.1% | -0.2% |
| 2025-06-30 | 3.3% | -0.2% |
| 2025-05-31 | 3.5% | -0.1% |
| 2025-04-30 | 3.6% | +0% |
| 2025-03-31 | 3.6% | -0.1% |
| 2025-02-28 | 3.7% | -0.3% |
| 2025-01-31 | 4% | +0.4% |
| 2024-12-31 | 3.6% | +0.7% |
| 2024-11-30 | 2.9% | +0.6% |
| 2024-10-31 | 2.3% | -0.2% |
| 2024-09-30 | 2.5% | -0.5% |
| 2024-08-31 | 3% | +0.2% |
| 2024-07-31 | 2.8% | +0% |
| 2024-06-30 | 2.8% | +0% |
| 2024-05-31 | 2.8% | +0.3% |
| 2024-04-30 | 2.5% | -0.2% |
| 2024-03-31 | 2.7% | -0.1% |
| 2024-02-29 | 2.8% | +0.6% |
| 2024-01-31 | 2.2% | -0.4% |
| 2023-12-31 | 2.6% | -0.2% |
| 2023-11-30 | 2.8% | -0.5% |
| 2023-10-31 | 3.3% | +0.3% |
| 2023-09-30 | 3% | -0.2% |
| 2023-08-31 | 3.2% | -0.1% |
| 2023-07-31 | 3.3% | +0% |
| 2023-06-30 | 3.3% | +0.1% |
| 2023-05-31 | 3.2% | -0.3% |
| 2023-04-30 | 3.5% | +0.3% |
| 2023-03-31 | 3.2% | -0.1% |
| 2023-02-28 | 3.3% | -1% |
| 2023-01-31 | 4.3% | +0.3% |
| 2022-12-31 | 4% | +0.2% |
| 2022-11-30 | 3.8% | +0.1% |
| 2022-10-31 | 3.7% | +0.7% |
| 2022-09-30 | 3% | +0% |
| 2022-08-31 | 3% | +0.4% |
| 2022-07-31 | 2.6% | +0.2% |
| 2022-06-30 | 2.4% | -0.1% |
| 2022-05-31 | 2.5% | +0% |
| 2022-04-30 | 2.5% | +1.3% |
| 2022-03-31 | 1.2% | +0.3% |
| 2022-02-28 | 0.9% | +0.4% |
| 2022-01-31 | 0.5% | -0.3% |
| 2021-12-31 | 0.8% | +0.2% |
| 2021-11-30 | 0.6% | +0.5% |
| 2021-10-31 | 0.1% | -0.1% |
| 2021-09-30 | 0.2% | +0.6% |
| 2021-08-31 | -0.4% | -0.1% |
| 2021-07-31 | -0.3% | +0.2% |
| 2021-06-30 | -0.5% | +0.3% |
| 2021-05-31 | -0.8% | +0.3% |
| 2021-04-30 | -1.1% | -0.7% |
| 2021-03-31 | -0.4% | +0.1% |
| 2021-02-28 | -0.5% | +0.2% |
| 2021-01-31 | -0.7% | +0.5% |
| 2020-12-31 | -1.2% | -0.3% |
| 2020-11-30 | -0.9% | -0.5% |
| 2020-10-31 | -0.4% | -0.4% |
| 2020-09-30 | 0% | -0.2% |
| 2020-08-31 | 0.2% | -0.1% |
| 2020-07-31 | 0.3% | +0.2% |
| 2020-06-30 | 0.1% | +0% |
| 2020-05-31 | 0.1% | +0% |
| 2020-04-30 | 0.1% | -0.3% |
| 2020-03-31 | 0.4% | +0% |
| 2020-02-29 | 0.4% | -0.3% |
| 2020-01-31 | 0.7% | -0.1% |
| 2019-12-31 | 0.8% | +0.3% |
| 2019-11-30 | 0.5% | +0.3% |
| 2019-10-31 | 0.2% | — |
Source: OECD (terms permit extract/distribute, incl. commercial, with citation). · Download this series as CSV — free, attribution required (CC BY 4.0).
Japan's inflation rate is 1.5% as of 2026-05-31, compared with 1.4% in 2026-04-30. Source: OECD (terms permit extract/distribute, incl. commercial, with citation).
The highest recorded value is 4.3% (2023-01-31); the lowest is -2.5% (2009-10-31), across data from 1990 to 2026.
Source: OECD (terms permit extract/distribute, incl. commercial, with citation). Figures are republished with attribution and updated as the source releases new observations.