AI Data Insight
Japan's latest CPI for the third quarter of 2026 (September) maintained at 102.2, flat from the previous month. The data reflects a technical adjustment by the Ministry of Internal Affairs and Communications, which switched the base year to 2025. Although the index remained flat month-on-month, the core inflation's annual growth rate has accelerated back to 2.1%, rising for 61 consecutive months. This reflects a sustained virtuous cycle of wage growth and corporate cost pass-through, providing strong endorsement for the Bank of Japan's subsequent interest rate hike path.