Consumer Price Index for Japan
Index 2010=100, Annual, Not Seasonally Adjusted
DDOE02JPA086NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.96
Year-over-Year Change
3.54%
Date Range
1/1/1960 - 1/1/2017
Summary
The Index 2010=100, Annual, Not Seasonally Adjusted trend measures the level of oil production in Japan. This metric is crucial for understanding energy supply and demand dynamics in the world's third-largest 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
This index tracks the total annual volume of crude oil and natural gas liquids produced in Japan, with the year 2010 serving as the base period. It provides insights into Japan's domestic energy production capacity and trends over time.
Methodology
The data is collected by Japan's Ministry of Economy, Trade, and Industry through surveys of oil and gas companies operating in the country.
Historical Context
Policymakers and energy analysts use this index to assess Japan's self-sufficiency in oil and gas, as well as its reliance on imports to meet energy demand.
Key Facts
- Japan is the world's third-largest economy.
- Japan imports over 90% of its oil and gas needs.
- Domestic oil production accounts for less than 1% of Japan's total energy consumption.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual level of crude oil and natural gas liquids production in Japan, with the year 2010 as the base period.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Japan's domestic energy production capacity, which is crucial for understanding the country's reliance on imported oil and gas to meet its energy demands.
Q: How is this data collected or calculated?
A: The data is collected by Japan's Ministry of Economy, Trade, and Industry through surveys of oil and gas companies operating in the country.
Q: How is this trend used in economic policy?
A: Policymakers and energy analysts use this index to assess Japan's self-sufficiency in oil and gas, as well as its reliance on imports to meet energy demand, which is relevant for energy security and trade policy decisions.
Q: Are there update delays or limitations?
A: The data is released annually, with a potential delay of several months, and may not capture short-term fluctuations in oil and gas production.
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Citation
U.S. Federal Reserve, Index 2010=100, Annual, Not Seasonally Adjusted (DDOE02JPA086NWDB), retrieved from FRED.