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.
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.
| Released | Period | Actual | Forecast | Previous | Vs forecast |
|---|---|---|---|---|---|
| 22 Oct 2026 19:30 | Sep. 2026 | 2.1% | 2.1% | 1.7% | in line |
| 17 Sept 2026 19:30 | Aug. 2026 | 1.7% | 1.8% | 1.8% | below |
| 20 Aug 2026 19:30 | Jul. 2026 | 1.8% | 1.8% | 1.6% | in line |
| 23 Jul 2026 19:30 | Jun. 2026 | 1.6% | 1.6% | 1.4% | in line |
| 18 Jun 2026 19:30 | May. 2026 | 1.4% | 1.4% | 1.4% | in line |
| 21 May 2026 19:30 | Apr. 2026 | 1.4% | 1.7% | 1.7% | below |
| 23 Apr 2026 19:30 | Mar. 2026 | 1.7% | 1.8% | 1.5% | below |
| 23 Mar 2026 19:30 | Feb. 2026 | 1.5% | 1.7% | 1.9% | below |
| 19 Feb 2026 18:30 | Jan. 2026 | 1.9% | 2% | 2.4% | below |
| 22 Jan 2026 18:30 | Dec. 2025 | 2.4% | 2.4% | 3% | in line |
| 18 Dec 2025 18:30 | Nov. 2025 | 3% | 3% | 3% | in line |
| 20 Nov 2025 18:30 | Oct. 2025 | 3% | 3% | 2.9% | in line |
| 23 Oct 2025 19:30 | Sep. 2025 | 2.9% | 2.9% | 2.7% | in line |
| 18 Sept 2025 19:30 | Aug. 2025 | 2.7% | 2.7% | 3.1% | in line |
| 21 Aug 2025 19:30 | Jul. 2025 | 3.1% | 3% | 3.3% | above |
| 17 Jul 2025 19:30 | Jun. 2025 | 3.3% | 3.3% | 3.7% | in line |
| 19 Jun 2025 19:30 | May. 2025 | 3.7% | 3.6% | 3.5% | above |
| 22 May 2025 19:30 | Apr. 2025 | 3.5% | 3.4% | 3.2% | above |
| 17 Apr 2025 19:30 | Mar. 2025 | 3.2% | 3.2% | 3% | in line |
| 20 Mar 2025 19:30 | Feb. 2025 | 3% | 2.9% | 3.2% | above |
| 20 Feb 2025 18:30 | Jan. 2025 | 3.2% | 3.1% | 3% | above |
| 23 Jan 2025 18:30 | Dec. 2024 | 3% | 3% | 2.7% | in line |
| 19 Dec 2024 18:30 | Nov. 2024 | 2.7% | 2.6% | 2.3% | above |
| 21 Nov 2024 18:30 | Oct. 2024 | 2.3% | 2.2% | 2.4% | above |
| 17 Oct 2024 19:30 | Sep. 2024 | 2.4% | 2.3% | 2.8% | above |
| 19 Sept 2024 19:30 | Aug. 2024 | 2.8% | 2.8% | 2.7% | in line |
| 22 Aug 2024 19:30 | Jul. 2024 | 2.7% | 2.7% | 2.6% | in line |
| 18 Jul 2024 19:30 | Jun. 2024 | 2.6% | 2.7% | 2.5% | below |
| 20 Jun 2024 19:30 | May. 2024 | 2.5% | 2.6% | 2.2% | below |
| 23 May 2024 19:30 | Apr. 2024 | 2.2% | 2.2% | 2.6% | in line |
| 18 Apr 2024 19:30 | Mar. 2024 | 2.6% | 2.6% | 2.8% | in line |
| 21 Mar 2024 19:30 | Feb. 2024 | 2.8% | 2.8% | 2% | in line |
| 26 Feb 2024 18:30 | Jan. 2024 | 2% | 1.8% | 2.3% | above |
| 18 Jan 2024 18:30 | Dec. 2023 | 2.3% | 2.3% | 2.5% | in line |
| 21 Dec 2023 18:30 | Nov. 2023 | 2.5% | 2.5% | 2.9% | in line |
| 23 Nov 2023 18:30 | Oct. 2023 | 2.9% | 3% | 2.8% | below |
| 19 Oct 2023 19:30 | Sep. 2023 | 2.8% | 2.7% | 3.1% | above |
| 21 Sept 2023 19:30 | Aug. 2023 | 3.1% | 3% | 3.1% | above |
| 17 Aug 2023 19:30 | Jul. 2023 | 3.1% | 3.1% | 3.3% | in line |
| 20 Jul 2023 19:30 | Jun. 2023 | 3.3% | 3.3% | 3.2% | in line |
| 22 Jun 2023 19:30 | May. 2023 | 3.2% | 3.1% | 3.4% | above |
| 18 May 2023 19:30 | Apr. 2023 | 3.4% | 3.4% | 3.1% | in line |
| 20 Apr 2023 19:30 | Mar. 2023 | 3.1% | 3.1% | 3.1% | in line |
| 23 Mar 2023 19:30 | Feb. 2023 | 3.1% | 3.1% | 4.2% | in line |
| 23 Feb 2023 18:30 | Jan. 2023 | 4.2% | 4.2% | 4% | in line |
| 19 Jan 2023 18:30 | Dec. 2022 | 4% | 4% | 3.7% | in line |
| 22 Dec 2022 18:30 | Nov. 2022 | 3.7% | 3.7% | 3.6% | in line |
| 17 Nov 2022 18:30 | Oct. 2022 | 3.6% | 3.5% | 3% | above |
| 20 Oct 2022 19:30 | Sep. 2022 | 3% | 3% | 2.8% | in line |
| 19 Sept 2022 19:30 | Aug. 2022 | 2.8% | 2.7% | 2.4% | above |
| 18 Aug 2022 19:30 | Jul. 2022 | 2.4% | 2.4% | 2.2% | in line |
| 21 Jul 2022 19:30 | Jun. 2022 | 2.2% | 2.2% | 2.1% | in line |
| 23 Jun 2022 19:30 | May. 2022 | 2.1% | 2.1% | 2.1% | in line |
| 19 May 2022 19:30 | Apr. 2022 | 2.1% | 2.1% | 0.8% | in line |
| 21 Apr 2022 19:30 | Mar. 2022 | 0.8% | 0.8% | 0.6% | in line |
| 17 Mar 2022 19:30 | Feb. 2022 | 0.6% | 0.6% | 0.2% | in line |
| 17 Feb 2022 18:30 | Jan. 2022 | 0.2% | 0.3% | 0.5% | below |
| 20 Jan 2022 18:30 | Dec. 2021 | 0.5% | 0.6% | 0.5% | below |
| 23 Dec 2021 18:30 | Nov. 2021 | 0.5% | 0.4% | 0.1% | above |
| 18 Nov 2021 18:30 | Oct. 2021 | 0.1% | 0.1% | 0.1% | in line |
| 21 Oct 2021 19:30 | Sep. 2021 | 0.1% | 0.1% | 0% | in line |
| 23 Sept 2021 19:30 | Aug. 2021 | 0% | 0% | -0.2% | in line |
| 19 Aug 2021 19:30 | Jul. 2021 | -0.2% | -0.4% | -0.5% | above |
| 19 Jul 2021 19:30 | Jun. 2021 | -0.5% | 0.2% | -0.6% | below |
| 17 Jun 2021 19:30 | May. 2021 | -0.6% | 0.1% | -0.9% | below |
| 20 May 2021 19:30 | Apr. 2021 | -0.9% | -0.2% | -0.3% | below |
| 22 Apr 2021 19:30 | Mar. 2021 | -0.3% | -0.1% | -0.5% | below |
| 18 Mar 2021 19:30 | Feb. 2021 | -0.5% | -0.4% | -0.7% | below |
| 18 Feb 2021 18:30 | Jan. 2021 | -0.7% | -0.7% | -1% | in line |
| 21 Jan 2021 18:30 | Dec. 2020 | -1% | -1.1% | -0.9% | above |
| 17 Dec 2020 18:30 | Nov. 2020 | -0.9% | -0.9% | -0.7% | in line |
| 19 Nov 2020 18:30 | Oct. 2020 | -0.7% | -0.7% | -0.3% | in line |
| 22 Oct 2020 19:30 | Sep. 2020 | -0.3% | -0.4% | -0.4% | above |
| 17 Sept 2020 19:30 | Aug. 2020 | -0.4% | -0.4% | 0% | in line |
| 20 Aug 2020 19:30 | Jul. 2020 | 0% | 0.1% | 0% | below |
| 20 Jul 2020 19:30 | Jun. 2020 | 0% | -0.1% | -0.2% | above |
| 18 Jun 2020 19:30 | May. 2020 | -0.2% | -0.1% | -0.2% | below |
| 21 May 2020 19:30 | Apr. 2020 | -0.2% | -0.1% | 0.4% | below |
| 23 Apr 2020 19:30 | Mar. 2020 | 0.4% | 0.4% | 0.6% | in line |
| 18 Mar 2020 19:30 | Feb. 2020 | 0.6% | 0.6% | 0.8% | in line |
| 20 Feb 2020 18:30 | Jan. 2020 | 0.8% | 0.8% | 0.7% | in line |
| 23 Jan 2020 18:30 | Dec. 2019 | 0.7% | 0.7% | 0.5% | in line |
| 19 Dec 2019 18:30 | Nov. 2019 | 0.5% | 0.5% | 0.4% | in line |
| 21 Nov 2019 18:30 | Oct. 2019 | 0.4% | 0.4% | 0.3% | in line |
| 17 Oct 2019 19:30 | Sep. 2019 | 0.3% | 0.3% | 0.5% | in line |
| 19 Sept 2019 19:30 | Aug. 2019 | 0.5% | 0.5% | 0.6% | in line |
| 22 Aug 2019 19:30 | Jul. 2019 | 0.6% | 0.6% | 0.6% | in line |
| 18 Jul 2019 19:30 | Jun. 2019 | 0.6% | 0.6% | 0.8% | in line |
| 20 Jun 2019 19:30 | May. 2019 | 0.8% | 0.8% | 0.9% | in line |
| 23 May 2019 19:30 | Apr. 2019 | 0.9% | 0.9% | 0.8% | in line |
| 18 Apr 2019 19:30 | Mar. 2019 | 0.8% | 0.7% | 0.7% | above |
| 21 Mar 2019 19:30 | Feb. 2019 | 0.7% | 0.8% | 0.8% | below |
| 21 Feb 2019 18:30 | Jan. 2019 | 0.8% | 0.8% | 0.7% | in line |
| 17 Jan 2019 18:30 | Dec. 2018 | 0.7% | 0.8% | 0.9% | below |
| 20 Dec 2018 18:30 | Nov. 2018 | 0.9% | 1% | 1% | below |
| 21 Nov 2018 18:30 | Oct. 2018 | 1% | 1% | 1% | in line |
| 18 Oct 2018 19:30 | Sep. 2018 | 1% | 1% | 0.9% | in line |
| 20 Sept 2018 19:30 | Aug. 2018 | 0.9% | 0.9% | 0.8% | in line |
| 23 Aug 2018 19:30 | Jul. 2018 | 0.8% | 0.9% | 0.8% | below |
| 19 Jul 2018 19:30 | Jun. 2018 | 0.8% | 0.8% | 0.7% | in line |
| 21 Jun 2018 19:30 | May. 2018 | 0.7% | 0.7% | 0.7% | in line |
| 17 May 2018 19:30 | Apr. 2018 | 0.7% | 0.8% | 0.9% | below |
| 19 Apr 2018 19:30 | Mar. 2018 | 0.9% | 0.9% | 1% | in line |
| 22 Mar 2018 19:30 | Feb. 2018 | 1% | 1% | 0.9% | in line |
| 22 Feb 2018 18:30 | Jan. 2018 | 0.9% | 0.8% | 0.9% | above |
| 25 Jan 2018 18:30 | Dec. 2017 | 0.9% | 0.9% | 0.9% | in line |
| 25 Dec 2017 18:30 | Nov. 2017 | 0.9% | 0.8% | 0.8% | above |
| 30 Nov 2017 18:30 | Oct. 2017 | 0.8% | 0.8% | 0.7% | in line |
| 26 Oct 2017 19:30 | Sep. 2017 | 0.7% | 0.8% | 0.7% | below |
| 28 Sept 2017 19:30 | Aug. 2017 | 0.7% | 0.7% | 0.5% | in line |
| 24 Aug 2017 19:30 | Jul. 2017 | 0.5% | 0.5% | 0.4% | in line |
| 27 Jul 2017 19:30 | Jun. 2017 | 0.4% | 0.4% | 0.4% | in line |
| 29 Jun 2017 19:30 | May. 2017 | 0.4% | 0.4% | 0.3% | in line |
| 25 May 2017 19:30 | Apr. 2017 | 0.3% | 0.4% | 0.2% | below |
| 27 Apr 2017 19:30 | Mar. 2017 | 0.2% | 0.3% | 0.2% | below |
| 30 Mar 2017 19:30 | Feb. 2017 | 0.2% | 0.2% | 0.1% | in line |
| 2 Mar 2017 18:30 | Jan. 2017 | 0.1% | 0% | -0.2% | above |
| 26 Jan 2017 18:30 | Dec. 2016 | -0.2% | -0.3% | -0.4% | above |
| 26 Dec 2016 18:30 | Nov. 2016 | -0.4% | -0.3% | -0.4% | below |
| 24 Nov 2016 18:30 | Oct. 2016 | -0.4% | -0.4% | -0.5% | in line |
The next Japan Core Inflation Rate YoY is due Thursday, 19 November 2026 at 18:30 New York time (Oct. 2026).
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%.
Japan Core Inflation Rate YoY is released monthly by Statistics Bureau. CRTLAB has 130 releases on record since 28 Jan 2016.
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 highest was 4.2% (Jan. 2023) and the lowest -1% (Dec. 2020). The five-year average is 2.47%.
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.
In Japan, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes prices of fresh food.