JPIRYY 3.6%April/2025
source: Ministry of Internal Affairs & Communications
- Japan's annual inflation rate stood at 3.6% in April 2025,
unchanged from March while remaining at its lowest print since December.
Food prices rose the least in four months (6.5% vs 7.4% in March) even as rice costs jumped 94.8% y-o-y, hitting a new record for the 7th straight month due to poor harvests and rising demand from record tourist numbers.
Price growth also eased for clothing (2.7% vs 3.0%) and household items (4.1% vs 4.5%).
Cost of education fell much steeper (-5.6% vs -1.2%).
In contrast, inflation was stable for transport (at 2.7%) while accelerating for housing (1.0% vs 0.8%), healthcare (2.2% vs 2.0%), recreation (2.7% vs 2.0%), communications (1.1% vs 1.0%), and miscellaneous items (1.3% vs 1.1%).
Prices of electricity (13.5% vs 8.7% ) and gas (4.4% vs 2.4%) rose the most in three months, as the impact of government subsidies faded.
Core inflation climbed to an over 2-year high of 3.5% from 3.2% in March.
Monthly, the CPI rose 0.1%, easing from a 0.3% gain in March.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.