Japan Inflation Rate (CPI)

Japan Inflation Rate (CPI) 17 August 2023

Japan Inflation Rate (CPI) 17 August 2023: 3.3% for July 2023, above the 2.5% forecast and unchanged from 3.3% in June 2023. Printed 3.3%, above the 2% target. It was released on Thu 17 Aug 2023 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
3.3%
July 2023
Forecast
2.5%
The market consensus
Previous
3.3%
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) 17 August 2023: 3.3% for July 2023 against a 2.5% 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) 17 August 2023: 3.3% vs 2.5% forecast (Ministry of Internal Affairs & Communications). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/jp-cpi/2023-08-17

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
17 Aug 2023Jul3.3%2.5%3.3%
20 Jul 2023Jun3.3%3.5%3.2%
22 Jun 2023May3.2%4.1%3.5%
18 May 2023Apr3.5%2.5%3.2%
20 Apr 2023Mar3.2%—3.3%
23 Mar 2023Feb3.3%—4.3%
23 Feb 2023Jan4.3%—4%
19 Jan 2023Dec4%—3.8%
22 Dec 2022Nov3.8%—3.7%
17 Nov 2022Oct3.7%—3%
20 Oct 2022Sep3%—3%
19 Sep 2022Aug3.0%—2.6%