Consumer Price Index: Food for Japan
Annual
JPNCPIFODAINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.56
Year-over-Year Change
14.66%
Date Range
1/1/1960 - 1/1/2017
Summary
The Annual trend measures the year-over-year change in Japan's consumer price index for all items. It is a key indicator of inflation 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 Annual trend tracks the annual percent change in Japan's consumer price index (CPI), a widely-used measure of inflation. It is an important economic indicator that helps policymakers and analysts understand price dynamics and the health of the Japanese economy.
Methodology
The data is calculated by the OECD based on Japan's national CPI figures.
Historical Context
This trend is closely monitored by the Bank of Japan and global investors to assess inflationary pressures and inform economic policy decisions.
Key Facts
- Japan's current annual inflation rate is 3.0%.
- The Annual trend reached a high of 4.5% in 2014.
- Stable inflation is a key policy goal for the Bank of Japan.
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, a widely-used metric of inflation.
Q: Why is this trend relevant for users or analysts?
A: Monitoring Japan's annual inflation rate is crucial for policymakers, businesses, and investors to understand the health of the Japanese economy and inform decision-making.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD based on Japan's national consumer price index figures.
Q: How is this trend used in economic policy?
A: The Annual trend is closely watched by the Bank of Japan and global investors to assess inflationary pressures and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The Annual data is published on a monthly basis with minimal delays, providing timely insight into Japan's price dynamics.
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Citation
U.S. Federal Reserve, Annual (JPNCPIFODAINMEI), retrieved from FRED.