The Core Consumer Price Index (YoY) measures inflation by tracking price changes in a basket of goods and services, excluding fresh food to reduce volatility. This indicator is the preferred gauge for central banks, particularly in Japan, to assess long-term underlying inflation trends. The results of this index directly influence monetary policy decisions and interest rate adjustments. Persistent readings above the target often lead to hawkish policy shifts.
The index is calculated using a weighted average of price changes for a fixed basket of consumer goods, excluding the volatile fresh food component. It compares the current month's prices to the same month in the previous year.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 27, 2026 | 1.80 | 1.70 | +0.10 |
| Jul 30, 2026 | 1.70 | 1.70 | 0.00 |
| Jun 25, 2026 | 1.60 | 1.60 | 0.00 |
| May 28, 2026 | 1.30 | 1.50 | -0.20 |
| Apr 30, 2026 | 1.50 | 1.80 | -0.30 |
| Mar 30, 2026 | 1.70 | 1.80 | -0.10 |
| Feb 26, 2026 | 1.80 | 1.70 | +0.10 |
| Jan 29, 2026 | 2.00 | 2.20 | -0.20 |
| Dec 25, 2025 | 2.30 | 2.50 | -0.20 |
| Nov 27, 2025 | 2.80 | 2.70 | +0.10 |
| Oct 30, 2025 | 2.80 | 2.60 | +0.20 |
| Sep 25, 2025 | 2.50 | 2.80 | -0.30 |
| Aug 28, 2025 | 2.50 | 2.50 | 0.00 |
| Jul 24, 2025 | 2.90 | 3.00 | -0.10 |
| Jun 26, 2025 | 3.10 | 3.30 | -0.20 |
| May 29, 2025 | 3.60 | 3.50 | +0.10 |
| Apr 24, 2025 | 3.40 | 3.20 | +0.20 |
| Mar 27, 2025 | 2.40 | 2.20 | +0.20 |
| Feb 27, 2025 | 2.20 | 2.30 | -0.10 |
| Jan 30, 2025 | 2.50 | 2.50 | 0.00 |
| Dec 26, 2024 | 2.40 | 2.30 | +0.10 |
| Nov 28, 2024 | 2.20 | 2.10 | +0.10 |
| Oct 24, 2024 | 1.80 | 1.70 | +0.10 |
| Sep 26, 2024 | 2.00 | 2.00 | 0.00 |
| Aug 29, 2024 | 2.40 | 2.20 | +0.20 |
| Jul 25, 2024 | 2.20 | 2.20 | 0.00 |
| Jun 27, 2024 | 2.10 | 2.00 | +0.10 |
| May 30, 2024 | 1.90 | 1.90 | 0.00 |
| Apr 25, 2024 | 1.60 | 2.20 | -0.60 |
| Mar 28, 2024 | 2.40 | 2.40 | 0.00 |
| Mar 4, 2024 | 2.50 | 2.50 | 0.00 |
| Jan 25, 2024 | 1.60 | 1.90 | -0.30 |
| Jan 8, 2024 | 2.10 | 2.10 | 0.00 |
| Dec 4, 2023 | 2.30 | 2.40 | -0.10 |
| Oct 26, 2023 | 2.70 | 2.50 | +0.20 |
| Sep 28, 2023 | 2.50 | 2.60 | -0.10 |
| Aug 24, 2023 | 2.80 | 2.90 | -0.10 |
| Jul 27, 2023 | 3.00 | 2.90 | +0.10 |
| Jun 29, 2023 | 3.20 | 3.30 | -0.10 |
| May 25, 2023 | 3.20 | 3.30 | -0.10 |
| Apr 27, 2023 | 3.50 | 3.20 | +0.30 |
| Mar 30, 2023 | 3.20 | 3.10 | +0.10 |
| Mar 2, 2023 | 3.30 | 3.30 | 0.00 |
| Jan 26, 2023 | 4.30 | 4.20 | +0.10 |
| Jan 9, 2023 | 4.00 | 3.80 | +0.20 |
| Nov 24, 2022 | 3.60 | 3.50 | +0.10 |
| Oct 27, 2022 | 3.40 | 3.10 | +0.30 |
| Oct 3, 2022 | 2.80 | 2.80 | 0.00 |
| Aug 25, 2022 | 2.60 | 2.50 | +0.10 |
| Jul 28, 2022 | 2.30 | 2.20 | +0.10 |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jul 30, 2026 | 1.90 | 1.70 | -0.20 ↓ |
