The Economics and Statistics Division maintains archives of previous publications for accountability purposes, but makes no updates to keep these documents current with the latest data revisions from Statistics Canada. As a result, information in older documents may not be accurate. Please exercise caution when referring to older documents. For the latest information and historical data, please contact the individual listed to the right.
<--- Return to Archive
For additional information relating to this article, please contact:
September 22, 2023JAPAN CPI INFLATION, AUGUST 2023 
Japan’s inflation (all items, year-over-year growth in consumer price index) increased by 3.1% in August 2023 - at a slower pace than reported for July and down from a recent peak of 4.4% in January 2023.
Japan's underlying inflation (all items excluding fresh food and energy) was little changed at 4.3%, still the fastest increase since 1981.
Japan's energy prices were down 9.8% year-over-year in August 2023, though Japan's food inflation was +8.6% over this period.
Japan's inflation has generally been slower than what has been observed in Canada and Nova Scotia during the recent inflationary period. However, inflation has been decelerating rapidly in Canada and is currently just above Japan's inflation.
Sources: Japan Statistics Bureau - Consumer Price Index; Statistics Canada. Table 18-10-0004-01 Consumer Price Index, monthly, not seasonally adjusted; Table 18-10-0005-01 Consumer Price Index, annual average, not seasonally adjusted
<--- Return to Archive
