Japan inflation rate for 2023 was 3.27%, a 0.77% increase from 2022.
Japan inflation rate for 2022 was 2.50%, a 2.73% increase from 2021.
Japan inflation rate for 2021 was -0.23%, a 0.21% decline from 2020.
Japan inflation rate for 2020 was -0.03%, a 0.49% decline from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change 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.