Japan - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Japan was 105.21 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 105.48 in 2019 and a minimum value of 18.97 in 1960.

Definition: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 18.97
1961 19.99
1962 21.36
1963 22.79
1964 23.66
1965 25.23
1966 26.50
1967 27.56
1968 29.03
1969 30.56
1970 32.67
1971 34.76
1972 36.44
1973 40.68
1974 50.12
1975 56.00
1976 61.25
1977 66.25
1978 69.04
1979 71.59
1980 77.16
1981 80.95
1982 83.17
1983 84.75
1984 86.67
1985 88.43
1986 88.96
1987 89.07
1988 89.67
1989 91.71
1990 94.53
1991 97.61
1992 99.33
1993 100.56
1994 101.26
1995 101.13
1996 101.27
1997 103.04
1998 103.72
1999 103.37
2000 102.67
2001 101.91
2002 100.97
2003 100.71
2004 100.70
2005 100.41
2006 100.66
2007 100.73
2008 102.12
2009 100.73
2010 100.00
2011 99.73
2012 99.68
2013 100.02
2014 102.78
2015 103.59
2016 103.46
2017 103.96
2018 104.99
2019 105.48
2020 105.46
2021 105.21

Development Relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series.

Limitations and Exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries.

Statistical Concept and Methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices