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JAPAN INFLATION RATE

Written By Savoeun on Tuesday 25 February 2014 | 19:38


The inflation rate in Japan was recorded at 1.60 percent in December of 2013. Inflation Rate in Japan is reported by the Ministry of Internal Affairs & Communications. From 1958 until 2013, Japan Inflation Rate averaged 3.2 Percent reaching an all time high of 25.0 Percent in February of 1974 and a record low of -2.5 Percent in October of 2009. In Japan, the most important categories in the consumer price index are Food (25 percent of total weight) and Housing (21 percent). Transportation and communications accounts for 14 percent; Culture and recreation for 11.5 percent; Fuel, light and water charges for 7 percent; Medical care for 4.3 percent; Clothes and footwear for 4 percent. Furniture and household utensils, Education and Miscellaneous goods and services account for the remaining. This page provides - Japan Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-02-26

The consumer price index for Japan in December 2013 was 100.9 (2010=100), up 0.1% from the previous month, and up 1.6% over the year. 
The largest annual upward pressure came from fuel, light and water (+5.5 percent) and miscellaneous (+3.4 percent). Cost of transportation (+2.1 percent), clothes and footwear (+0.6 percent), education (+0.7 percent) and food (+2.2 percent), culture and recreation (+1.6 percent) was also up. Price decreases were reported for housing (-0.4 percent) and medical care (-0.4 percent).

Japan's core consumer prices (all items, less food (less alcoholic beverages) and energy) rose 0.7 percent from a year earlier while all items, less fresh food inflation rose 1.3 percent, accelerating to a fresh five year high.

Compared to the previous month, the prices grew 0.1 percent. The biggest gains were registered in cost of food (+0.6 percent) and culture and recreation (+0.2 percent). Prices of fuel, light and water (-0.2 percent), clothes and footwear (-0.6 percent), medical care (-0.2 percent) and furniture and household utensils (-0.2 percent) decreased.

The consumer price index for Ku-area of Tokyo in January 2014 (preliminary) was 99.2 (2010=100), down 0.4 percent from the previous month, and up 0.7 percent over the year.

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