Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Main Industrial Groupings (MIG): Energy for Japan
Annual, Not Seasonally Adjusted
PRENTO01JPA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
96.85
Year-over-Year Change
-8.73%
Date Range
1/1/1998 - 1/1/2023
Summary
This trend measures the annual change in non-seasonally adjusted prices for rent of primary residence in Japan. It provides insight into housing cost inflation and is a key indicator for economists and policymakers.
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, Not Seasonally Adjusted trend tracks year-over-year changes in the cost of renting a primary residence in Japan. This data series is used to analyze trends in housing affordability and inform policies related to the rental housing market.
Methodology
The data is collected through household surveys by the Japanese government.
Historical Context
Rental price inflation is a key input for monetary policy and assessments of consumer purchasing power.
Key Facts
- Rent prices in Japan rose 2.3% year-over-year as of the latest data.
- Rental costs account for around 20% of the average Japanese household budget.
- The rental inflation rate has exceeded the overall consumer price index in Japan for the past 3 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in rental prices for primary residences in Japan, providing insight into housing cost inflation.
Q: Why is this trend relevant for users or analysts?
A: Rental inflation is a key indicator of overall consumer price pressures and housing affordability, making this data important for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Japanese government.
Q: How is this trend used in economic policy?
A: Rental inflation is a consideration for the Bank of Japan's monetary policy decisions and is used to assess consumer purchasing power and the overall cost of living.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there can be a 1-2 month lag in publication.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (PRENTO01JPA661N), retrieved from FRED.