East Asia & Pacific
Japan Inflation
Annual percentage change in consumer prices (CPI).
Latest Value
2.7%
As of 2024
YoY Change
-16.2%
2023 → 2024
Record High
23.2%
Recorded in 1974
Record Low
-1.4%
Recorded in 2009
10-Year Average
1.1%
2015–2024
Data Range
1960–2024
65 data points
Source
World Bank
Code: FP.CPI.TOTL.ZG
Historical Trend
1960 – 2024
Analysis
Japan's inflation rate of 2.74% in 2024 indicates a moderate increase in prices, which may be attributed to various factors such as monetary policy and global economic trends. The country has historically struggled with deflation, making this level of inflation a notable development. This inflation rate suggests that Japan's economy is experiencing a degree of price growth.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2024 | 2.7% | 0.5% | -16.2% |
| 2023 | 3.3% | 0.8% | +30.8% |
| 2022 | 2.5% | 2.7% | +1170.4% |
| 2021 | -0.2% | 0.2% | -833.6% |
| 2020 | -0.0% | 0.5% | -105.3% |
| 2019 | 0.5% | 0.5% | -52.6% |
| 2018 | 1.0% | 0.5% | +104.3% |
| 2017 | 0.5% | 0.6% | +480.5% |
| 2016 | -0.1% | 0.9% | -116.0% |
| 2015 | 0.8% | 2.0% | -71.2% |
Source: World Bank Open Data · 1960–2024
Neighbouring Countries Ranking
East Asia & Pacific · Inflation
Similar Rankings
Global · Inflation
