Consumer Price Index: OECD Groups: Housing: Total for Japan

JPNCPGRHO01GPM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

-100.00%

Date Range

2/1/1970 - 6/1/2021

Summary

The Consumer Price Index: OECD Groups: Housing: Total for Japan measures changes in housing-related consumer prices in Japan. This metric is crucial for understanding inflationary pressures and the cost of living 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 Consumer Price Index (CPI) is a widely-used measure of inflation that tracks the average change in prices paid by consumers for a basket of goods and services. The Housing component of the CPI specifically focuses on costs related to shelter, utilities, furnishings, and household operations.

Methodology

The Japanese CPI data is collected by the Ministry of Internal Affairs and Communications through surveys of consumer expenditures.

Historical Context

The Housing CPI is an important input for policymakers at the Bank of Japan as they monitor price stability and make monetary policy decisions.

Key Facts

  • Japan's Housing CPI reached a high of 102.1 in 2022.
  • Housing accounts for approximately 24% of the total Japanese CPI basket.
  • The Housing CPI has risen at a slower pace than the overall CPI in Japan in recent years.

FAQs

Q: What does this economic trend measure?

A: The Consumer Price Index: OECD Groups: Housing: Total for Japan measures changes in housing-related consumer prices, including shelter, utilities, furnishings, and household operations.

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

A: The Housing CPI is a crucial indicator for understanding inflationary pressures and the cost of living in Japan, which is important for policymakers, businesses, and consumers.

Q: How is this data collected or calculated?

A: The Japanese CPI data is collected by the Ministry of Internal Affairs and Communications through surveys of consumer expenditures.

Q: How is this trend used in economic policy?

A: The Housing CPI is an important input for the Bank of Japan as they monitor price stability and make monetary policy decisions to support the Japanese economy.

Q: Are there update delays or limitations?

A: The Japanese Housing CPI data is published monthly with a typical release lag of 2-3 weeks.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Index: OECD Groups: Housing: Total for Japan (JPNCPGRHO01GPM), retrieved from FRED.