CPI of services in Japan 2018-2022

Published by
Alexandru Arba,
Nov 23, 2023
In 2022, the Consumer Price Index (CPI) of services in Japan was 1.8 index points lower compared to the base year 2020. This was the lowest value during the surveyed period.

Consumer Price Index (CPI) of services in Japan from 2018 to 2022

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Sources

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Release date

November 2023

Region

Japan

Survey time period

2018 to 2022

Special properties

The source uses 2020 as base year with an index of 100 points

Supplementary notes

According to the source, the Consumer Price Index has been compiled monthly by the Statistics Bureau, Ministry of Internal Affairs and Communications for the purpose of measuring changes of various goods and services purchased by households all over Japan, thereby analyzing the movement of prices in time series. The year for the base and weights of current index is 2020, and in principle the index is compiled based on retail prices of each municipality and item obtained from the Retail Price Survey, using the Laspeyres-type formula.

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