Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Japan
Annual
CPGRLE01JPA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.11
Year-over-Year Change
-66.97%
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 purchasing power, used by policymakers to guide monetary and fiscal policy.
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 percent change in the Japanese consumer price index (CPI) compared to the same month in the previous year. It provides insight into the overall price level and cost of living, which are essential for understanding the country's economic conditions and performance.
Methodology
The data is calculated by the Japanese government's Statistics Bureau based on surveys of consumer expenditures.
Historical Context
Economists and policymakers monitor the Annual trend to assess inflationary pressures and make informed decisions about managing the Japanese economy.
Key Facts
- Japan's Annual CPI change averaged 0.3% from 2010-2019.
- The Annual trend reached a high of 3.7% in April 2014.
- The Annual trend turned negative during the COVID-19 pandemic in 2020.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percent change in Japan's consumer price index, providing insight into the country's inflation and price levels.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend is a key indicator of the purchasing power and cost of living in Japan, which is essential information for policymakers, businesses, and consumers.
Q: How is this data collected or calculated?
A: The data is calculated by the Japanese government's Statistics Bureau based on surveys of consumer expenditures.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor the Annual trend to assess inflationary pressures and make informed decisions about managing the Japanese economy, including adjusting monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Annual trend data is published monthly with a relatively short delay, providing timely information on Japan's consumer price changes.
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Citation
U.S. Federal Reserve, CPGRLE01JPA657N (Annual), retrieved from FRED.