Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Japan
CPGRLE01JPM657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.21
Year-over-Year Change
112.78%
Date Range
1/1/1960 - 6/1/2021
Summary
The Consumer Price Index (CPI) for OECD Groups: All Items Non-Food Non-Energy measures changes in the cost of living in Japan, excluding the volatile food and energy sectors. It is a key indicator of underlying inflation trends.
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 All Items Non-Food Non-Energy index tracks the prices of a broad basket of consumer goods and services in Japan, excluding food and energy. This core inflation measure is closely watched by policymakers and analysts to assess the health of the Japanese economy.
Methodology
The data is collected monthly through surveys of retailers and service providers across Japan.
Historical Context
The CPI Non-Food Non-Energy index is used to guide monetary policy decisions by the Bank of Japan.
Key Facts
- Japan's CPI Non-Food Non-Energy index is a key metric for the Bank of Japan's inflation targeting.
- This index excludes volatile food and energy prices to provide a better measure of underlying price trends.
- The CPI Non-Food Non-Energy index is released monthly, allowing policymakers to monitor inflation in real-time.
FAQs
Q: What does this economic trend measure?
A: The CPI Non-Food Non-Energy index measures changes in the prices of a broad basket of consumer goods and services in Japan, excluding the volatile food and energy sectors.
Q: Why is this trend relevant for users or analysts?
A: This core inflation measure is closely watched by policymakers and analysts to assess the underlying health of the Japanese economy and guide monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected monthly through surveys of retailers and service providers across Japan.
Q: How is this trend used in economic policy?
A: The CPI Non-Food Non-Energy index is used by the Bank of Japan to guide its monetary policy decisions and inflation targeting efforts.
Q: Are there update delays or limitations?
A: The CPI Non-Food Non-Energy index is released monthly, providing timely data for policymakers and analysts.
Related Trends
Narrow Effective Exchange Rate for Japan
NNJPBIS
Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Japan
JPNFCSODCXDC
Infra-Annual Labor Statistics: Labor Force Participation Rate Total: 15 Years or over for Japan
LRACTTTTJPM156S
Amount Outstanding of Domestic Debt Securities for Non-financial Corporations Issuers, All Maturities, Residence of Issuer in Japan
DSAMRIAONCJP
Nonfinancial Corporate Bonds to Total Bonds and Notes Outstanding for Japan
DDAM03JPA156NWDB
Producer Prices Index: Stage of Processing: Finished Goods: Domestic for Japan
PISPFG02JPM661N
Citation
U.S. Federal Reserve, Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Japan (CPGRLE01JPM657N), retrieved from FRED.