Japanese inflation rate
Japan inflation summary for May 2026
Updated: June 19, 2026
Next update: July 24, 2026
Current Japan inflation rate
May 2026
1.5%
The Consumer Price Index for Japan is 113.5 for the month of May 2026. The inflation rate year over year is 1.5% (compared to 1.3% for the previous month). Inflation from April 2026 to May 2026 was 0.4%.
Previous Japan Inflation Rate
April 2026
1.3%
Month-to-Month Japan Inflation Rate
April 2026 to May 2026
0.4%
Recent inflation rates for Japan
| Year | jan | feb | mar | apr | may | jun | jul | aug | sep | oct | nov | dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.5% | 1.3% | 1.4% | 1.3% | 1.5% | ||||||||
| 2025 | 4.0% | 3.6% | 3.6% | 3.5% | 3.4% | 3.2% | 3.0% | 2.7% | 2.8% | 3.0% | 2.9% | 2.1% | 3.2% |
| 2024 | 2.1% | 2.8% | 2.7% | 2.5% | 2.9% | 2.9% | 2.7% | 3.0% | 2.5% | 2.2% | 2.9% | 3.7% | 2.7% |
| 2023 | 4.4% | 3.3% | 3.3% | 3.5% | 3.2% | 3.3% | 3.3% | 3.1% | 3.0% | 3.3% | 2.9% | 2.6% | 3.3% |
| 2022 | 0.5% | 0.9% | 1.2% | 2.4% | 2.4% | 2.3% | 2.6% | 3.0% | 3.0% | 3.8% | 3.8% | 4.0% | 2.5% |
Additional resources
All inflation rates are calculated using the Japan Consumer Price Index (CPI) series.