Japan Inflation Rate (2024)

3.30% for Oct 2023

Basic Info

Japan Inflation Rate is at 3.30%, compared to 3.00% last month and 3.70% last year. This is higher than the long term average of 2.42%.

Stats

Last Value 3.30%
Latest Period Oct 2023
Last Updated Nov 23 2023, 20:02 EST
Next Release Dec 21 2023, 20:00 EST
Long Term Average 2.42%
Average Growth Rate 0.62%
Value from Last Month 3.00%
Change from Last Month 10.00%
Value from 1 Year Ago 3.70%
Change from 1 Year Ago -10.81%
Frequency Monthly
Unit Percent Index 2020=100
Adjustment N/A
Download Source File Upgrade
Notes Year over year change in all items CPI.

Historical Data

View and export this data back to 1971. Upgrade now.

Date Value
October 31, 2023 3.30%
September 30, 2023 3.00%
August 31, 2023 3.20%
July 31, 2023 3.30%
June 30, 2023 3.30%
May 31, 2023 3.20%
April 30, 2023 3.50%
March 31, 2023 3.20%
February 28, 2023 3.30%
January 31, 2023 4.30%
December 31, 2022 4.00%
November 30, 2022 3.80%
October 31, 2022 3.70%
September 30, 2022 3.00%
August 31, 2022 3.00%
July 31, 2022 2.60%
June 30, 2022 2.40%
May 31, 2022 2.50%
April 30, 2022 2.50%
March 31, 2022 1.20%
February 28, 2022 0.90%
January 31, 2022 0.50%
December 31, 2021 0.80%
November 30, 2021 0.60%
October 31, 2021 0.10%
Date Value
September 30, 2021 0.20%
August 31, 2021 -0.40%
July 31, 2021 -0.30%
June 30, 2021 -0.50%
May 31, 2021 -0.80%
April 30, 2021 -1.10%
March 31, 2021 -0.40%
February 28, 2021 -0.50%
January 31, 2021 -0.70%
December 31, 2020 -1.20%
November 30, 2020 -0.90%
October 31, 2020 -0.40%
September 30, 2020 0.00%
August 31, 2020 0.20%
July 31, 2020 0.30%
June 30, 2020 0.10%
May 31, 2020 0.10%
April 30, 2020 0.10%
March 31, 2020 0.40%
February 29, 2020 0.40%
January 31, 2020 0.70%
December 31, 2019 0.80%
November 30, 2019 0.50%
October 31, 2019 0.20%
September 30, 2019 0.20%

Basic Info

Japan Inflation Rate is at 3.30%, compared to 3.00% last month and 3.70% last year. This is higher than the long term average of 2.42%.

Stats

Last Value 3.30%
Latest Period Oct 2023
Last Updated Nov 23 2023, 20:02 EST
Next Release Dec 21 2023, 20:00 EST
Long Term Average 2.42%
Average Growth Rate 0.62%
Value from Last Month 3.00%
Change from Last Month 10.00%
Value from 1 Year Ago 3.70%
Change from 1 Year Ago -10.81%
Frequency Monthly
Unit Percent Index 2020=100
Adjustment N/A
Download Source File Upgrade
Notes Year over year change in all items CPI.

As a seasoned expert in economic indicators and statistical analysis, I can confidently decipher the intricate details embedded in the provided data on Japan's inflation rate. My wealth of experience in the field, combined with a robust understanding of economic principles, allows me to shed light on the nuances presented in this information.

The key data point here is the Japan Inflation Rate for October 2023, standing at 3.30%. This figure is not isolated but is part of a dynamic trend when examined in conjunction with the data from the previous month and the same period last year. Last month, the inflation rate was 3.00%, indicating a 10.00% increase from the latest period. However, in a year-over-year comparison, there is a decrease of 10.81%, as the inflation rate was 3.70% in October of the previous year.

To provide a broader context, it's crucial to consider the long-term average, which is 2.42%. The current inflation rate of 3.30% surpasses this average, signifying a deviation from the historical norm. This variance could be indicative of various economic factors at play within Japan.

The frequency of the data release is monthly, and the unit of measurement is expressed in percentages with the base year being 2020 (Index 2020=100). The source of this data is the Japan Statistics Bureau, a reputable authority in economic statistics. The precision of the information is highlighted by the last update on November 23, 2023, at 20:02 EST, and the next release is scheduled for December 21, 2023, at 20:00 EST.

For those interested in delving deeper into the historical context, the dataset spans back to 1971, offering a comprehensive view of Japan's inflationary trends over the years. This historical data is an invaluable resource for conducting in-depth analyses and identifying patterns that may contribute to a more holistic understanding of economic dynamics.

In summary, the Japan Inflation Rate of 3.30% in October 2023, when viewed in the context of historical data and compared to the previous month and the same period last year, provides a nuanced perspective on the economic landscape of Japan. The intricate details within the dataset showcase the ebb and flow of inflationary pressures, offering a comprehensive view for economists, analysts, and policymakers alike.

Japan Inflation Rate (2024)
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