Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Goods for Japan
JPNCPGRGO01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.00
Year-over-Year Change
0.97%
Date Range
1/1/1970 - 6/1/2021
Summary
The Consumer Price Index (CPI) for Goods in Japan measures changes in the prices of consumer goods, excluding services. It is a key indicator of inflation and consumer purchasing power.
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
The CPI for Goods in Japan tracks the prices of a representative basket of consumer goods like food, apparel, and household items. It is a widely-used metric for assessing the overall cost of living and guiding economic and monetary policy decisions.
Methodology
The data is collected through surveys of retail establishments and households by Japan's Statistics Bureau.
Historical Context
Policymakers and analysts use this CPI metric to monitor inflationary pressures and consumer demand.
Key Facts
- The CPI for Goods in Japan has a base year of 2015.
- It covers approximately 60% of total household consumption in Japan.
- Japan's central bank closely tracks this metric to inform monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Goods in Japan measures changes in the prices of a basket of consumer goods, excluding services.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Goods is a key indicator of inflation and consumer purchasing power, making it important for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and households by Japan's Statistics Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and the central bank use this CPI metric to monitor inflationary pressures and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The CPI for Goods data is released monthly with no significant update delays.
Related Trends
Barro-Lee: Population age 25+ with tertiary schooling. Total (Incomplete and Completed Tertiary) for Japan
BARTERICMP25UPZSJPN
Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Japan
CPGREN01JPM657N
Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Japan
LFEMTTTTJPA647S
Monetary Aggregates and Their Components: Narrow Money and Components: M1 and Components: M1 for Japan
MANMM101JPA657S
Production: Manufacturing: Total Manufacturing for Japan
JPNPRMNTO01GYSAQ
Unit Labor Costs: Early Estimate of Quarterly Unit Labor Costs (ULC) Indicators: Labor Productivity: Total for Japan
ULQELP01JPQ659S
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Goods for Japan (JPNCPGRGO01IXOBM), retrieved from FRED.