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.
Japan Inflation Rate (CPI) for June 2026 came in at 1.7% versus 1.7% expected (previous 1.5%), in line with forecast.
What it meant for the Japanese Yen
The actual landed in line with the 1.7% forecast. A reading above forecast is generally bullish for the JPY, and below forecast bearish.
New to this release? See what Japan Inflation Rate (CPI) measures, the next release and its full history.