Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Japan
CPALTT01JPA659N • 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 (CPI) for Japan measures changes in the prices of consumer goods and services over time. It is a key indicator of inflation and an important tool 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 CPI for Japan tracks a basket of common consumer items and services, providing a comprehensive measure of price changes in the economy. It is used to adjust wages, social security payments, and other economic factors to maintain purchasing power.
Methodology
The data is collected through a nationwide survey of retail prices by Japan's Statistics Bureau.
Historical Context
The CPI is closely monitored by the Bank of Japan and government policymakers to guide monetary and fiscal policies.
Key Facts
- Japan's CPI is published monthly by the Statistics Bureau.
- The CPI is a widely used benchmark for cost-of-living adjustments.
- Inflation as measured by the CPI is a key factor in the Bank of Japan's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Japan measures changes in the prices of a broad basket of consumer goods and services over time. It is a comprehensive indicator of inflation in the Japanese economy.
Q: Why is this trend relevant for users or analysts?
A: The CPI is a critical economic indicator used by policymakers, businesses, and consumers to understand the cost of living and make informed decisions about wages, investments, and monetary policies.
Q: How is this data collected or calculated?
A: The data for the Japan CPI is collected through a nationwide survey of retail prices conducted by the Statistics Bureau of Japan.
Q: How is this trend used in economic policy?
A: The CPI is closely monitored by the Bank of Japan and government policymakers, as it is a key input for adjusting monetary and fiscal policies to maintain price stability and support economic growth.
Q: Are there update delays or limitations?
A: The Japan CPI is published monthly with a short delay, providing timely data on inflation trends. The index covers a broad range of consumer goods and services, but may not fully capture all price changes in the economy.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Japan (CPALTT01JPA659N), retrieved from FRED.