AI Data Insight
Latest data shows that in April 2026, Japan's Housing CPI index climbed to 104.9, steadily increasing from the previous month's 104.7, indicating structural support for housing costs. However, the overall core CPI year-on-year growth rate dropped significantly to 1.4% under policy subsidies, falling below market expectations. Whether housing and service inflation can continue in the future will be the key to the normalization of the Bank of Japan's monetary policy.