Core inflation rate Japan 2003-2023

Published by Statista Research Department, Feb 12, 2024

In 2023, Japan's core Consumer Price Index (CPI) for all items, excluding fresh food, grew by 3.1 percent year on year. This was the highest price level increase recorded in the last two decades.

Annual change in the Consumer Price Index (CPI) of all items excluding fresh food in Japan from 2003 to 2023 (compared to the previous year)

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Release date

January 2024

Region

Japan

Survey time period

2003 to 2023

Supplementary notes

The Consumer Price Index (CPI) is compiled monthly to measure changes in various goods and services purchased by households all over Japan to analyze the movement of prices in time series. It is collected based on retail prices of each municipality and item obtained from the Retail Price Survey, using the Laspeyres-type formula.

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