PCE and GDP price indexes · Japan

Japan GDP Price Index YoY Final

The Japan GDP Price Index YoY Final measures the prices of everything households (PCE) or the whole economy (deflator) buy. In Japan it is one of the main measures of inflation.

Importancia
Medium
Publicado
Quarterly
Próxima publicación
Divisa
JPY · Japanese yen
Banco central
The Bank of Japan
Mueve
AUDJPY · CADJPY · CHFJPY · EURJPY · GBPJPY · NZDJPY · SGDJPY · USDJPY

Últimas cifras

El último dato, de Q2, se publicó el 2026-09-07 y fue 2.6%. Está en línea con el consenso de 2.6%. Es menos que 3.2% la vez anterior.

Un resultado en línea con el consenso suele provocar poca reacción: ya estaba descontado.

En las últimas 7 publicaciones osciló entre 2.6% y 3.4%, con una media de 3.1%. Ha bajado tres publicaciones seguidas.

Mar 2025: 2.9%Jun 2025: 3.3%Sep 2025: 3.0%Dec 2025: 3.4%Mar 2026: 3.4%Jun 2026: 3.2%Sep 2026: 2.6% Mar 2025Sep 2026
Resultados reales; la línea corta sobre una barra marca el consenso.
PublicadoParaRealConsensoAnterior
7 Sep 2026Q22.6%2.6%3.2%
7 Jun 2026Q13.2%3.4%3.4%
9 Mar 2026Q43.4%3.4%3.5%
7 Dec 2025Q33.4%2.8%3.3% ®
7 Sep 2025Q23.0%3%3.3%
8 Jun 2025Q13.3%3.2%2.9%
10 Mar 2025Q42.9%2.8%2.4%

Verlo en el calendario económico →

Por qué importa

In the United States the Federal Reserve's 2% target is defined on the PCE price index, and the core measure (without food and energy) is the one policymakers quote most. Because CPI comes out first, markets usually know roughly what PCE will show; surprises come from the parts measured differently, such as health care.

Cómo se calcula

PCE prices are built from the same price data as CPI and producer prices, but weighted by what households actually spend (including what is paid on their behalf, like employer health insurance), and the weights change every period. The GDP deflator divides nominal GDP by real GDP.

Deflator = nominal GDP ÷ real GDP × 100
PCE inflation = PCE index ÷ PCE index a year ago − 1

Qué significan los cambios

  • Core PCE above 2% and rising keeps the Fed cautious about cutting rates.
  • The monthly change annualised (× 12) shows the latest pace; three-month averages smooth the noise.

Mayor de lo esperado: A higher figure than expected makes the Bank of Japan more likely to keep rates high or raise them: it tends to support the Japanese yen and push bond yields up, and is often a weight on stocks.

Menor de lo esperado: A lower figure than expected gives the Bank of Japan room to cut or hold rates lower: the Japanese yen tends to soften and bond yields to fall.

Una breve historia

The Fed switched its preferred inflation measure from CPI to PCE in 2000 and wrote the 2% PCE target into its strategy in 2012.

Preguntas

What is the Japan GDP Price Index YoY Final?

The Japan GDP Price Index YoY Final measures the prices of everything households (PCE) or the whole economy (deflator) buy. In Japan it is one of the main measures of inflation.

What was the latest Japan GDP Price Index YoY Final?

2.6% for Q2, published on 7 September 2026 (consensus 2.6%, previous 3.2%).

When is the next Japan GDP Price Index YoY Final?

On Monday 7 December 2026 at 23:50 UTC.

Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.