Japan: Core CPI

Macro

2026-07-24

Description

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

AI Data Insight

In June 2026 (Q2 2026), Japan's core CPI index climbed to 106.6, up from the previous value of 106.5. The year-on-year growth rate accelerated to 1.6%, matching market consensus. Although the figures have been rising for consecutive months, the real inflation rate remains below the central bank's 2% target due to the impact of energy subsidy policies. With the phase-out of subsidies and the pressure of yen depreciation, the future risk of a price rebound will become the focus of short-term monetary policy.

AI Data Insight

In June 2026 (Q2 2026), Japan's core CPI index climbed to 106.6, up from the previous value of 106.5. The year-on-year growth rate accelerated to 1.6%, matching market consensus. Although the figures have been rising for consecutive months, the real inflation rate remains below the central bank's 2% target due to the impact of energy subsidy policies. With the phase-out of subsidies and the pressure of yen depreciation, the future risk of a price rebound will become the focus of short-term monetary policy.

Description

-

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