Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Japan

Annual

CPGREN01JPA657N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-4.23

Year-over-Year Change

-146.87%

Date Range

1/1/1960 - 1/1/2020

Summary

The Annual trend measures the year-over-year change in consumer prices in Japan. It is a key indicator of inflation and an important metric for policymakers and economists.

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 Annual trend represents the annual percent change in the Japanese Consumer Price Index (CPI), a basket of consumer goods and services. This metric is widely used to track the overall price level and assess inflationary pressures in the Japanese economy.

Methodology

The CPI data is collected monthly by the Japanese government through surveys of consumer expenditures.

Historical Context

The Annual trend is closely monitored by the Bank of Japan and other economic institutions to inform monetary policy decisions.

Key Facts

  • Japan's Annual inflation rate was 4.0% as of December 2022.
  • The Annual trend reached a 41-year high in 2022 due to rising energy and food costs.
  • The Bank of Japan has a 2% inflation target for the Annual CPI measure.

FAQs

Q: What does this economic trend measure?

A: The Annual trend measures the year-over-year change in consumer prices in Japan, providing a key indicator of the country's overall inflation rate.

Q: Why is this trend relevant for users or analysts?

A: The Annual trend is widely used by policymakers, economists, and market participants to assess inflationary pressures and inform monetary policy decisions in Japan.

Q: How is this data collected or calculated?

A: The data is collected monthly by the Japanese government through surveys of consumer expenditures and calculated as the annual percent change in the Consumer Price Index (CPI).

Q: How is this trend used in economic policy?

A: The Annual CPI trend is closely monitored by the Bank of Japan and other institutions to guide monetary policy and maintain price stability in the Japanese economy.

Q: Are there update delays or limitations?

A: The Annual CPI data is reported on a monthly basis with a typical one-month lag, so the most recent figures may not fully reflect the latest economic conditions.

Related Trends

Citation

U.S. Federal Reserve, CPGREN01JPA657N (Annual), retrieved from FRED.