Producer prices in Japan rose by 1 percent year-on-year in March 2021, after a downwardly revised 0.6 percent fall a month earlier and beating market consensus of a 0.5 percent growth. This was the first producer inflation since February 2020, mainly boosted by beverages & foods (1.1% vs 1% in February), chemicals & related products (0.9% vs -1.7%), petroleum & coal products (9.8% vs -6%),iron & steel (2.2% vs 1.3%), non-ferrous metals (28.7% vs 17.9%), and other manufacturing industry products (0.4% vs 0.7%). In contrast, there were falls in cost of transportation equipment (-0.4% vs -0.5%), electrical machinery & equipment (-0.4% vs 0.1%), production machinery (-1.2% vs -1.7%), metal products (-0.3% vs 0.2%), general purpose machinery (-0.2% vs flat reading), electronic components & devices (-0.2% vs -0.6%), and information & communications (-1.9% vs -1.2%). On a monthly basis, producer prices went up 0.8 percent, after an upwardly revised 0.6 percent gain in February.. source: Bank of Japan

Producer Prices Change in Japan averaged 1.35 percent from 1961 until 2021, reaching an all time high of 33.80 percent in February of 1974 and a record low of -8.60 percent in August of 2009. This page provides - Japan Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Producer Prices Change in Japan is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Japan to stand at 0.70 in 12 months time. In the long-term, the Japan Producer Prices Change is projected to trend around 1.50 percent in 2022 and 1.80 percent in 2023, according to our econometric models.

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Japan Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
1.00 -0.60 33.80 -8.60 1961 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-13 11:50 PM Dec -2% -2.3% -2.2% -2.1%
2021-02-09 11:50 PM Jan -1.6% -2% -1.6% -1.7%
2021-03-10 11:50 PM Feb -0.7% -1.5% -0.7% -0.8%
2021-04-11 11:50 PM Mar 1% -0.6% 0.5% 0.4%
2021-05-16 11:50 PM Apr 1% 1.2%
2021-06-09 11:50 PM May
2021-07-09 11:50 PM Jun
2021-08-12 11:50 PM Jul


News Stream
Japan Producer Prices Rise for 1st Time in 13 Months
Producer prices in Japan rose by 1 percent year-on-year in March 2021, after a downwardly revised 0.6 percent fall a month earlier and beating market consensus of a 0.5 percent growth. This was the first producer inflation since February 2020, mainly boosted by beverages & foods (1.1% vs 1% in February), chemicals & related products (0.9% vs -1.7%), petroleum & coal products (9.8% vs -6%),iron & steel (2.2% vs 1.3%), non-ferrous metals (28.7% vs 17.9%), and other manufacturing industry products (0.4% vs 0.7%). In contrast, there were falls in cost of transportation equipment (-0.4% vs -0.5%), electrical machinery & equipment (-0.4% vs 0.1%), production machinery (-1.2% vs -1.7%), metal products (-0.3% vs 0.2%), general purpose machinery (-0.2% vs flat reading), electronic components & devices (-0.2% vs -0.6%), and information & communications (-1.9% vs -1.2%). On a monthly basis, producer prices went up 0.8 percent, after an upwardly revised 0.6 percent gain in February..
2021-04-12
Japan Producer Prices Drop 0.7% YoY
Japan producer prices declined 0.7 percent on an annual basis in February 2021 following a downwardly revised 1.5 percent drop in the previous month. Inflation slowed for food & beverages (0.9 percent vs 1.2 percent in January) and general purpose machinery (0.1 percent vs 0.2). Meanwhile, prices continued to fall in several categories: pulp & paper (-0.4 percent vs -0.3 percent), petroleum & coal (-6.3 percent vs -14.4 percent), plastic products (-2.2 percent vs -2.3 percent), production machinery ( -1.9 percent, the same pace as in January), and electronic components & devices (-0.8 percent vs -0.4 percent). In contrast, prices of nonferrous metals jumped 18.0 percent from 12.9 percent. On a monthly basis, producer prices rose 0.4 percent after increasing a revised 0.5 percent in January.
2021-03-11
Japan Producer Prices Drop 1.6% YoY
Producer prices in Japan fell 1.6 percent year-on-year in January of 2021 after declining 2 percent December and matching market expectations. It was the eleventh straight decline in producer prices, mainly explained by petroleum & coal products (-14.7 percent vs -16.3 percent in December), chemicals (-3.4 percent vs -4.3 percent), iron & steel (-0.7 percent vs -2.0 percent), and lumber & wood products (-0.5 percent vs -1.3 percent). On the flip side, prices in the food & beverages division increased by 1.5 percent after a 0.9 percent expansion in December. On a monthly basis, producer prices increased 0.4 percent after a 0.5 percent advance in the previous month, also matching consensus.
2021-02-10
Japan Producer Prices Drop Less than Expected
Producer prices in Japan fell 2 percent year-on-year in December of 2020 after declining an upwardly revised 2.3 percent November and compared to market expectations of a 2.2 percent increase. It was the tenth straight decline in producer prices, mainly explained by petroleum & coal products (-16.5 percent vs -18.4 percent in November), chemicals (-4.3 percent vs -4.5 percent), iron & steel (-2.0 percent vs -2.5 percent), and lumber & wood products (-1.8 percent vs -2.0 percent). In addition, deflation was recorded in metal products (-0.1 percent vs -0.5 percent), electrical components & devices (-0.2 percent vs -0.5 percent), information & communications equipment (-0.6 percent vs -0.8 percent), and production machinery (-1.2 percent vs -1.7 percent). On a monthly basis, producer prices increased 0.5 percent after a revised 0.1 percent drop in the previous month and above market estimates of a 0.2 percent rise.
2021-01-14

Japan Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.