Japan's August CPI Rises 1.9% Year-on-Year, Misses Forecasts

Japan's headline CPI came in at 1.9% y/y in August, below the 2.0% forecast. Core-core CPI also missed expectations at 1.7%.

17/09/2026 23:413 min read

These are the raw numbers; a detailed breakdown will be provided later.

Japan's headline consumer price index rose 1.9% in August from a year earlier.

  • The reading was below the 2.0% consensus estimate and matched the previous month's 1.9%.

The core-core CPI, which strips out both food and energy, came in at 1.7% year-on-year.

  • Economists had anticipated 2.0%, while the prior reading was 1.8%.

The core CPI, excluding only fresh food, also registered 1.7%.

  • The forecast was 1.8%, and the previous figure was likewise 1.8%.

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