Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Japan
JPNCPIENGMINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.02
Year-over-Year Change
4.32%
Date Range
1/1/1955 - 6/1/2021
Summary
The Consumer Price Index (CPI) for Energy in Japan measures the changes in prices of energy-related goods and services for Japanese consumers. It is a key indicator of inflationary pressures 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 Energy in Japan tracks the cost of a representative basket of energy items, including electricity, natural gas, and motor fuels. This index is an important tool for analyzing household spending patterns and the overall cost of living in the Japanese economy.
Methodology
The data is collected by the Japanese government through surveys of retail prices and expenditures.
Historical Context
Policymakers and economists use this index to inform decisions on monetary policy, energy subsidies, and cost-of-living adjustments.
Key Facts
- The base year for the Japanese CPI Energy index is 2015.
- Energy accounts for approximately 10% of the total household consumption basket in Japan.
- Prices of energy items are a key driver of overall consumer price inflation in Japan.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Energy in Japan measures the changes in prices of energy-related goods and services, including electricity, natural gas, and motor fuels.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Energy is an important indicator of inflationary pressures and consumer purchasing power in Japan. It is used by policymakers, economists, and analysts to understand household spending patterns and the overall cost of living.
Q: How is this data collected or calculated?
A: The data is collected by the Japanese government through surveys of retail prices and expenditures.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to inform decisions on monetary policy, energy subsidies, and cost-of-living adjustments.
Q: Are there update delays or limitations?
A: The CPI for Energy in Japan is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Japan (JPNCPIENGMINMEI), retrieved from FRED.