Japon Taux d'inflation

The annual inflation rate in Japan fell to 3.7% in February 2025 from a 2-year high of 4.0% in the prior month, amid a sharp slowdown in prices of electricity (9.0% vs 18.0% in January ) and gas (3.4% vs 6.8%) following government's reinstatement of energy subsidies. Also, food prices rose slightly slower after hitting a 15-month high in January (7.6% vs 7.8%). Further, inflation moderated for healthcare (1.7% vs. 1.8%), recreation (2.1% vs. 2.6%), and miscellaneous items (1.1% vs. 1.4%). At the same time, education cost continued to fall (-1.1% vs. -1.1%). In contrast, inflation remained steady for housing (at 0.8%) and clothing (at 2.8%), while accelerating for transport (2.4% vs. 2.0%) and furniture and household items (4.0% vs. 3.4%), and bouncing back for communications (0.1% vs. -0.3%). The core inflation rate dropped to 3.0% from January's 19-month top of 3.2%, above forecasts of 2.9%. Monthly, the CPI dropped 0.1%, the first fall since September, after a 0.5% gain in January.