JPY · Released July 23, 2026

Japan Inflation Rate (CPI): June 2026

Japan CPI measures how fast consumer prices are rising year-on-year, the key inflation gauge the Bank of Japan watches when setting interest rates.

Actual
1.7%
Forecast
1.7%
Previous
1.5%

Source: Ministry of Internal Affairs & Communications. Figures as released; revisions appear in the next print.

Forecast: Trading Economics' forecast where available, otherwise the market consensus.

Calendar data: Trading Economics; official figures from the publishing agency.

Japan Inflation Rate (CPI) for June 2026 came in at 1.7% versus 1.7% expected (previous 1.5%), in line with forecast.

How this print reads for the Japanese Yen

In line with the 1.7% forecast. A reading above forecast is generally read as positive for the JPY, and below forecast as negative.

New to this release? See what Japan Inflation Rate (CPI) measures, the next release and its full history.