Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Japan
Growth rate same period previous year, Monthly, Not Seasonally Adjusted
CPALTT01JPM659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.50
Year-over-Year Change
-600.00%
Date Range
1/1/1956 - 6/1/2021
Summary
This economic trend measures the year-over-year growth rate of prices for consumer goods and services in Japan on a monthly basis without seasonal adjustments. It provides insights into inflationary pressures in the Japanese economy.
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 growth rate same period previous year, monthly, not seasonally adjusted metric tracks changes in the Consumer Price Index (CPI) in Japan compared to the same month of the prior year. This indicator is widely used by economists and policymakers to analyze and monitor inflation trends in the Japanese market.
Methodology
The data is collected through surveys of prices paid by consumers for a representative basket of goods and services.
Historical Context
This metric informs decisions by the Bank of Japan and other institutions regarding monetary policy and economic management.
Key Facts
- Japan's consumer price growth was 3.3% in December 2022.
- Inflation has remained above the Bank of Japan's 2% target since early 2022.
- Energy and food prices have been the primary drivers of higher inflation in Japan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of consumer prices in Japan on a monthly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into inflationary pressures in the Japanese economy, which is crucial information for policymakers, businesses, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices paid by consumers for a representative basket of goods and services.
Q: How is this trend used in economic policy?
A: This metric informs decisions by the Bank of Japan and other institutions regarding monetary policy and economic management.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be a delay of several weeks between the reference period and the release of the latest figures.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly, Not Seasonally Adjusted (CPALTT01JPM659N), retrieved from FRED.