Forex Fundamentals
Japan Inflation Rate (CPI)

Japan Inflation Rate (CPI) 23 January 2020

Japan Inflation Rate (CPI) 23 January 2020: 0.8% for December 2019, above the 0.4% forecast and up from 0.5% in November 2019. It is the highest reading since April 2019. It is the second release in a row above the forecast. Printed 0.8%, below the 2% target. It was released on Thu 23 Jan 2020 at 23:30 UTC.

These figures were verified on 4 Oct 2026 from the source: Ministry of Internal Affairs & Communications. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
0.8%
December 2019
Forecast
0.4%
The market consensus
Previous
0.5%
As the source gives it

What a print like this usually does

Above the forecast: A broad beat, especially alongside firm core prices and wages, usually supports the yen.

Japan Inflation Rate (CPI) 23 January 2020: 0.8% for December 2019 against a 0.4% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

Japan Inflation Rate (CPI) 23 January 2020: 0.8% vs 0.4% forecast (Ministry of Internal Affairs & Communications). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/jp-cpi/2020-01-23

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
23 Jan 2020Dec0.8%0.4%0.5%
19 Dec 2019Nov0.5%0.2%0.2%
21 Nov 2019Oct0.2%0.3%0.2%
17 Oct 2019Sep0.2%0.4%0.3%
19 Sep 2019Aug0.3%0.6%0.5%
22 Aug 2019Jul0.5%0.5%0.7%
18 Jul 2019Jun0.7%0.7%0.7%
20 Jun 2019May0.7%0.7%0.9%
23 May 2019Apr0.9%0.9%0.5%
18 Apr 2019Mar0.5%0.5%0.2%
21 Mar 2019Feb0.2%0.3%0.2%
21 Feb 2019Jan0.2%0.2%0.3%
The release before:Japan Inflation Rate (CPI) 19 December 2019The release after:Japan Inflation Rate (CPI) 20 February 2020Japan Inflation Rate (CPI): every recent resultThis week’s economic calendar