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.
- Важность
- Medium
- Опубликовано
- Quarterly
- Следующая публикация
- Валюта
- JPY · Japanese yen
- Центральный банк
- The Bank of Japan
Последние данные
Последняя публикация, за Q2, вышла 2026-09-07; значение: 2.6%. Это соответствует консенсус-прогнозу 2.6%. Это ниже, чем 3.2% в прошлый раз.
Результат в рамках консенсуса обычно вызывает слабую реакцию: он уже заложен в цену.
За последние 7 публикаций значение колебалось от 2.6% до 3.4%, в среднем 3.1%. Показатель снижался три публикации подряд.
| Опубликовано | Для | Факт | Консенсус | Предыдущее |
|---|---|---|---|---|
| 7 Sep 2026 | Q2 | 2.6% | 2.6% | 3.2% |
| 7 Jun 2026 | Q1 | 3.2% | 3.4% | 3.4% |
| 9 Mar 2026 | Q4 | 3.4% | 3.4% | 3.5% |
| 7 Dec 2025 | Q3 | 3.4% | 2.8% | 3.3% ® |
| 7 Sep 2025 | Q2 | 3.0% | 3% | 3.3% |
| 8 Jun 2025 | Q1 | 3.3% | 3.2% | 2.9% |
| 10 Mar 2025 | Q4 | 2.9% | 2.8% | 2.4% |
Почему это важно
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.
Как считается
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 − 1Что означают изменения
- 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.
Выше ожиданий: 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.
Ниже ожиданий: 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.
Краткая история
The Fed switched its preferred inflation measure from CPI to PCE in 2000 and wrote the 2% PCE target into its strategy in 2012.
Вопросы
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.
Только образовательный материал, не инвестиционная рекомендация. Цифры — опубликованные результаты в том виде, в каком их записал наш календарь; описанные реакции рынка типичны, но не гарантированы.