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CRTLAB/Economic calendar/Japan/Core Inflation Rate YoY

Japan Core Inflation Rate YoY

Next release Thursday, 19 November 2026, 18:30 New York. Every release since 28 Jan 2016: 130 on record, actual against forecast. Medium impact for the JPY. Updated within the hour of each release.

Latest · Sep. 20262.1%forecast 2.1% · previous 1.7%
Next release19 November 2026
Above forecast18%of 130 since 2016 · last 12: 0%
Range since 2016-1% → 4.2%low Dec. 2020 · high Jan. 2023

The short answer

130 releases

The last Japan Core Inflation Rate YoY (Sep. 2026, released 22 Oct 2026) came in at 2.1%, in line with the 2.1% forecast; the previous reading was 1.7%. The next Japan Core Inflation Rate YoY is due Thursday, 19 November 2026 at 18:30 New York time (Oct. 2026).

Since 2016, Japan Core Inflation Rate YoY has come in above forecast 18% of the time and below 25% (130 releases with a forecast); over the last 12 it beat 0%.

The average miss against forecast over the last 24 releases was 0.06%: higher than expected is good for the JPY.

Last 12 releases

bar = actual · line = forecast
Oct. 2025: actual 3%, forecast 3%3%Nov ’25Nov. 2025: actual 3%, forecast 3%3%Dec ’25Dec. 2025: actual 2.4%, forecast 2.4%2.4%Jan ’26Jan. 2026: actual 1.9%, forecast 2%1.9%Feb ’26Feb. 2026: actual 1.5%, forecast 1.7%1.5%Mar ’26Mar. 2026: actual 1.7%, forecast 1.8%1.7%Apr ’26Apr. 2026: actual 1.4%, forecast 1.7%1.4%May ’26May. 2026: actual 1.4%, forecast 1.4%1.4%Jun ’26Jun. 2026: actual 1.6%, forecast 1.6%1.6%Jul ’26Jul. 2026: actual 1.8%, forecast 1.8%1.8%Aug ’26Aug. 2026: actual 1.7%, forecast 1.8%1.7%Sept ’26Sep. 2026: actual 2.1%, forecast 2.1%2.1%Oct ’26

Japan Core Inflation Rate YoY since 2016

130 releases
20182020202220242026

Every Japan Core Inflation Rate YoY release

latest 120 of 130 · times New York
ReleasedPeriodActualForecastPreviousVs forecast
22 Oct 2026 19:30Sep. 20262.1%2.1%1.7%in line
17 Sept 2026 19:30Aug. 20261.7%1.8%1.8%below
20 Aug 2026 19:30Jul. 20261.8%1.8%1.6%in line
23 Jul 2026 19:30Jun. 20261.6%1.6%1.4%in line
18 Jun 2026 19:30May. 20261.4%1.4%1.4%in line
21 May 2026 19:30Apr. 20261.4%1.7%1.7%below
23 Apr 2026 19:30Mar. 20261.7%1.8%1.5%below
23 Mar 2026 19:30Feb. 20261.5%1.7%1.9%below
19 Feb 2026 18:30Jan. 20261.9%2%2.4%below
22 Jan 2026 18:30Dec. 20252.4%2.4%3%in line
18 Dec 2025 18:30Nov. 20253%3%3%in line
20 Nov 2025 18:30Oct. 20253%3%2.9%in line
23 Oct 2025 19:30Sep. 20252.9%2.9%2.7%in line
18 Sept 2025 19:30Aug. 20252.7%2.7%3.1%in line
21 Aug 2025 19:30Jul. 20253.1%3%3.3%above
17 Jul 2025 19:30Jun. 20253.3%3.3%3.7%in line
19 Jun 2025 19:30May. 20253.7%3.6%3.5%above
22 May 2025 19:30Apr. 20253.5%3.4%3.2%above
17 Apr 2025 19:30Mar. 20253.2%3.2%3%in line
20 Mar 2025 19:30Feb. 20253%2.9%3.2%above
20 Feb 2025 18:30Jan. 20253.2%3.1%3%above
23 Jan 2025 18:30Dec. 20243%3%2.7%in line
19 Dec 2024 18:30Nov. 20242.7%2.6%2.3%above
21 Nov 2024 18:30Oct. 20242.3%2.2%2.4%above
17 Oct 2024 19:30Sep. 20242.4%2.3%2.8%above
19 Sept 2024 19:30Aug. 20242.8%2.8%2.7%in line
22 Aug 2024 19:30Jul. 20242.7%2.7%2.6%in line
18 Jul 2024 19:30Jun. 20242.6%2.7%2.5%below
20 Jun 2024 19:30May. 20242.5%2.6%2.2%below
23 May 2024 19:30Apr. 20242.2%2.2%2.6%in line
18 Apr 2024 19:30Mar. 20242.6%2.6%2.8%in line
21 Mar 2024 19:30Feb. 20242.8%2.8%2%in line
26 Feb 2024 18:30Jan. 20242%1.8%2.3%above
18 Jan 2024 18:30Dec. 20232.3%2.3%2.5%in line
21 Dec 2023 18:30Nov. 20232.5%2.5%2.9%in line
23 Nov 2023 18:30Oct. 20232.9%3%2.8%below
19 Oct 2023 19:30Sep. 20232.8%2.7%3.1%above
21 Sept 2023 19:30Aug. 20233.1%3%3.1%above
17 Aug 2023 19:30Jul. 20233.1%3.1%3.3%in line
20 Jul 2023 19:30Jun. 20233.3%3.3%3.2%in line
22 Jun 2023 19:30May. 20233.2%3.1%3.4%above
18 May 2023 19:30Apr. 20233.4%3.4%3.1%in line
20 Apr 2023 19:30Mar. 20233.1%3.1%3.1%in line
23 Mar 2023 19:30Feb. 20233.1%3.1%4.2%in line
23 Feb 2023 18:30Jan. 20234.2%4.2%4%in line
19 Jan 2023 18:30Dec. 20224%4%3.7%in line
22 Dec 2022 18:30Nov. 20223.7%3.7%3.6%in line
17 Nov 2022 18:30Oct. 20223.6%3.5%3%above
20 Oct 2022 19:30Sep. 20223%3%2.8%in line
19 Sept 2022 19:30Aug. 20222.8%2.7%2.4%above
18 Aug 2022 19:30Jul. 20222.4%2.4%2.2%in line
21 Jul 2022 19:30Jun. 20222.2%2.2%2.1%in line
23 Jun 2022 19:30May. 20222.1%2.1%2.1%in line
19 May 2022 19:30Apr. 20222.1%2.1%0.8%in line
21 Apr 2022 19:30Mar. 20220.8%0.8%0.6%in line
17 Mar 2022 19:30Feb. 20220.6%0.6%0.2%in line
17 Feb 2022 18:30Jan. 20220.2%0.3%0.5%below
20 Jan 2022 18:30Dec. 20210.5%0.6%0.5%below
23 Dec 2021 18:30Nov. 20210.5%0.4%0.1%above
18 Nov 2021 18:30Oct. 20210.1%0.1%0.1%in line
21 Oct 2021 19:30Sep. 20210.1%0.1%0%in line
23 Sept 2021 19:30Aug. 20210%0%-0.2%in line
19 Aug 2021 19:30Jul. 2021-0.2%-0.4%-0.5%above
19 Jul 2021 19:30Jun. 2021-0.5%0.2%-0.6%below
17 Jun 2021 19:30May. 2021-0.6%0.1%-0.9%below
20 May 2021 19:30Apr. 2021-0.9%-0.2%-0.3%below
22 Apr 2021 19:30Mar. 2021-0.3%-0.1%-0.5%below
18 Mar 2021 19:30Feb. 2021-0.5%-0.4%-0.7%below
18 Feb 2021 18:30Jan. 2021-0.7%-0.7%-1%in line
21 Jan 2021 18:30Dec. 2020-1%-1.1%-0.9%above
17 Dec 2020 18:30Nov. 2020-0.9%-0.9%-0.7%in line
19 Nov 2020 18:30Oct. 2020-0.7%-0.7%-0.3%in line
22 Oct 2020 19:30Sep. 2020-0.3%-0.4%-0.4%above
17 Sept 2020 19:30Aug. 2020-0.4%-0.4%0%in line
20 Aug 2020 19:30Jul. 20200%0.1%0%below
20 Jul 2020 19:30Jun. 20200%-0.1%-0.2%above
18 Jun 2020 19:30May. 2020-0.2%-0.1%-0.2%below
21 May 2020 19:30Apr. 2020-0.2%-0.1%0.4%below
23 Apr 2020 19:30Mar. 20200.4%0.4%0.6%in line
18 Mar 2020 19:30Feb. 20200.6%0.6%0.8%in line
20 Feb 2020 18:30Jan. 20200.8%0.8%0.7%in line
23 Jan 2020 18:30Dec. 20190.7%0.7%0.5%in line
19 Dec 2019 18:30Nov. 20190.5%0.5%0.4%in line
21 Nov 2019 18:30Oct. 20190.4%0.4%0.3%in line
17 Oct 2019 19:30Sep. 20190.3%0.3%0.5%in line
19 Sept 2019 19:30Aug. 20190.5%0.5%0.6%in line
22 Aug 2019 19:30Jul. 20190.6%0.6%0.6%in line
18 Jul 2019 19:30Jun. 20190.6%0.6%0.8%in line
20 Jun 2019 19:30May. 20190.8%0.8%0.9%in line
23 May 2019 19:30Apr. 20190.9%0.9%0.8%in line
18 Apr 2019 19:30Mar. 20190.8%0.7%0.7%above
21 Mar 2019 19:30Feb. 20190.7%0.8%0.8%below
21 Feb 2019 18:30Jan. 20190.8%0.8%0.7%in line
17 Jan 2019 18:30Dec. 20180.7%0.8%0.9%below
20 Dec 2018 18:30Nov. 20180.9%1%1%below
21 Nov 2018 18:30Oct. 20181%1%1%in line
18 Oct 2018 19:30Sep. 20181%1%0.9%in line
20 Sept 2018 19:30Aug. 20180.9%0.9%0.8%in line
23 Aug 2018 19:30Jul. 20180.8%0.9%0.8%below
19 Jul 2018 19:30Jun. 20180.8%0.8%0.7%in line
21 Jun 2018 19:30May. 20180.7%0.7%0.7%in line
17 May 2018 19:30Apr. 20180.7%0.8%0.9%below
19 Apr 2018 19:30Mar. 20180.9%0.9%1%in line
22 Mar 2018 19:30Feb. 20181%1%0.9%in line
22 Feb 2018 18:30Jan. 20180.9%0.8%0.9%above
25 Jan 2018 18:30Dec. 20170.9%0.9%0.9%in line
25 Dec 2017 18:30Nov. 20170.9%0.8%0.8%above
30 Nov 2017 18:30Oct. 20170.8%0.8%0.7%in line
26 Oct 2017 19:30Sep. 20170.7%0.8%0.7%below
28 Sept 2017 19:30Aug. 20170.7%0.7%0.5%in line
24 Aug 2017 19:30Jul. 20170.5%0.5%0.4%in line
27 Jul 2017 19:30Jun. 20170.4%0.4%0.4%in line
29 Jun 2017 19:30May. 20170.4%0.4%0.3%in line
25 May 2017 19:30Apr. 20170.3%0.4%0.2%below
27 Apr 2017 19:30Mar. 20170.2%0.3%0.2%below
30 Mar 2017 19:30Feb. 20170.2%0.2%0.1%in line
2 Mar 2017 18:30Jan. 20170.1%0%-0.2%above
26 Jan 2017 18:30Dec. 2016-0.2%-0.3%-0.4%above
26 Dec 2016 18:30Nov. 2016-0.4%-0.3%-0.4%below
24 Nov 2016 18:30Oct. 2016-0.4%-0.4%-0.5%in line

Next Core Inflation Rate YoY

Thursday, 19 November 202618:30 New York

Oct. 2026. Previous 2.1%.

About

Measures
In Japan, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes prices of fresh food.
Good for JPY
Actual higher than forecast
Released
Monthly
Category
Inflation
Source
Statistics Bureau

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Frequently asked questions

When is the next Japan Core Inflation Rate YoY release?

The next Japan Core Inflation Rate YoY is due Thursday, 19 November 2026 at 18:30 New York time (Oct. 2026).

What was the last Japan Core Inflation Rate YoY?

The last Japan Core Inflation Rate YoY (Sep. 2026, released 22 Oct 2026) came in at 2.1%, in line with the 2.1% forecast; the previous reading was 1.7%.

How often is Japan Core Inflation Rate YoY released?

Japan Core Inflation Rate YoY is released monthly by Statistics Bureau. CRTLAB has 130 releases on record since 28 Jan 2016.

Does Japan Core Inflation Rate YoY usually beat the forecast?

Since 2016, Japan Core Inflation Rate YoY has come in above forecast 18% of the time and below 25% (130 releases with a forecast); over the last 12 it beat 0%.

What is the highest and lowest Japan Core Inflation Rate YoY since 2016?

The highest was 4.2% (Jan. 2023) and the lowest -1% (Dec. 2020). The five-year average is 2.47%.

Is a higher Japan Core Inflation Rate YoY good for the JPY?

Usually yes: a reading above forecast is the good surprise for the JPY, and the bigger the surprise the bigger the move. On this page, green marks a release that was good for the JPY against its forecast, red one that was bad.

What does Japan Core Inflation Rate YoY measure?

In Japan, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes prices of fresh food.

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