Consumer Price Index: All Items: Total for Japan
CPALTT01JPA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.02
Year-over-Year Change
-101.79%
Date Range
1/1/1956 - 1/1/2020
Summary
The Consumer Price Index: All Items: Total for Japan measures the overall change in prices for a basket of consumer goods and services in Japan. It is a key indicator of inflation and a crucial metric for economic policymakers.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Consumer Price Index (CPI) tracks the average change over time in the prices paid by consumers for a market basket of consumer goods and services in Japan. It is widely used to assess the country's overall inflation rate and cost of living.
Methodology
The CPI is calculated by the Japanese Statistics Bureau based on a survey of prices for various consumer items.
Historical Context
The Japanese CPI is closely monitored by the Bank of Japan and government policymakers to inform monetary and fiscal policies.
Key Facts
- The CPI is calculated based on a survey of over 23,000 retail and service establishments.
- Japan's CPI reached a high of 103.5 in 2008 and a low of 99.9 in 2016.
- The CPI is used to adjust government benefits, wages, and income tax brackets for inflation.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index: All Items: Total for Japan measures the overall change in prices for a basket of consumer goods and services purchased by Japanese households.
Q: Why is this trend relevant for users or analysts?
A: The Japanese CPI is a crucial indicator of inflation that is closely watched by policymakers, businesses, and consumers to understand the country's cost of living and economic conditions.
Q: How is this data collected or calculated?
A: The CPI is calculated by the Japanese Statistics Bureau based on a survey of prices for various consumer items.
Q: How is this trend used in economic policy?
A: The Japanese CPI is used by the Bank of Japan and government policymakers to inform monetary and fiscal policies aimed at maintaining price stability and supporting economic growth.
Q: Are there update delays or limitations?
A: The Japanese CPI data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Consumer Price Index: All Items: Total for Japan (CPALTT01JPA657N), retrieved from FRED.