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Japan Annual Inflation Rate

Japan's annual inflation rate fell to 2.74% in 2024, down from 3.27% in 2023, according to World Bank. This represents a decrease of 0.53% from the previous year. Japan has annual inflation rate lower than the global median (2.74% vs median 3.16%). Compared with the median in Asia, Japan is higher (2.74% vs regional median 2.56%) and ranks 22nd out of 44 countries in Asia.

Yearly Historical Data (1960-2024)

(in %)
Year Annual Inflation Rate (%)
2024 2.74%
2023 3.27%
2022 2.5%
2021 -0.23%
2020 -0.02%
2019 0.47%
2018 0.99%
2017 0.48%
2016 -0.13%
2015 0.8%
2014 2.76%
2013 0.34%
2012 -0.04%
2011 -0.27%
2010 -0.73%
2009 -1.35%
2008 1.38%
2007 0.06%
2006 0.25%
2005 -0.28%
2004 -0.01%
2003 -0.26%
2002 -0.92%
2001 -0.74%
2000 -0.68%
1999 -0.34%
1998 0.66%
1997 1.75%
1996 0.14%
1995 -0.13%
1994 0.7%
1993 1.24%
1992 1.76%
1991 3.25%
1990 3.08%
1989 2.27%
1988 0.68%
1987 0.13%
1986 0.6%
1985 2.03%
1984 2.26%
1983 1.9%
1982 2.74%
1981 4.91%
1980 7.78%
1979 3.7%
1978 4.21%
1977 8.16%
1976 9.37%
1975 11.73%
1974 23.22%
1973 11.61%
1972 4.84%
1971 6.4%
1970 6.92%
1969 5.25%
1968 5.34%
1967 3.99%
1966 5.04%
1965 6.66%
1964 3.8%
1963 6.71%
1962 6.84%
1961 5.37%
1960 3.57%
Japan Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Japan.
Indicator Last Value Prior Value Period
Core Inflation Rate 2.9% 2.7% Sep'25
Inflation Rate 2.9% 2.7% Sep'25
Inflation Rate MoM 0.1% 0.1% Aug'25
Producer Price Index (PPI) 2.7% 2.7% Sep'25