Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Japan
CPGREN01JPQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.45
Year-over-Year Change
135.99%
Date Range
1/1/1960 - 4/1/2021
Summary
The Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Japan measures changes in the prices of energy-related goods and services in Japan. This trend is closely watched by economists and policymakers as energy costs significantly impact consumer spending and inflation.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index tracks the prices of a basket of energy-related products, including fuel, electricity, and gasoline, that are consumed by Japanese households. It is a key indicator of inflationary pressures and consumer purchasing power within the energy sector of the Japanese economy.
Methodology
The data is collected through surveys of retail establishments and service providers across Japan.
Historical Context
Monitoring this energy price index helps the Bank of Japan and other policymakers assess the broader inflationary environment and make informed decisions on monetary policy.
Key Facts
- The index has a base year of 2015.
- Energy accounts for about 10% of the total Japanese CPI basket.
- Prices rose steadily from 2016 to 2022 due to global supply chain disruptions.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices of energy-related goods and services, including fuel, electricity, and gasoline, consumed by Japanese households.
Q: Why is this trend relevant for users or analysts?
A: This energy price index is a key indicator of inflationary pressures in Japan and can provide insights into consumer purchasing power and spending patterns.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and service providers across Japan.
Q: How is this trend used in economic policy?
A: Monitoring this energy price index helps the Bank of Japan and other policymakers assess the broader inflationary environment and make informed decisions on monetary policy.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical 1-2 month lag in data availability.
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Citation
U.S. Federal Reserve, Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Japan (CPGREN01JPQ657N), retrieved from FRED.