Japan: CPI

Macro

2026-10-23

Description

-

Published by
Statistics Bureau of Japan (Choice)
Frequency
Monthly
Next Update

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.

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.

Description

-

Published by
Statistics Bureau of Japan (Choice)
Frequency
Monthly
Next Update