日本的年通货膨胀率从前两个月的3.6%降至2025年5月的3.5%,为11月以来的最低水平。服装(4月份为2.6%对2.7%)、家居用品(3.6%对4.1%)和医疗保健(2.0%对2.2%)的价格增长有所放缓,而教育成本进一步下降(-5.6%)。相比之下,交通(2.7%)和杂项(1.3%)的通货膨胀保持稳定,但住房(1.1%对1.0%)、娱乐(3.0%对2.7%)和通信(1.9%对1.1%)的通货膨胀加速。与此同时,电价(11.3%对13.5%)和天然气价格(5.4%对4.4%)仍然居高不下。在食品方面,价格上涨了6.5%,保持在四个月来的最低水平,尽管大米价格飙升了100%以上,突显出政府控制主食成本的努力影响有限。不包括新鲜食品的核心通胀率从4月份的3.5%上升至3.7%,达到大选前两年多来的最高水平。CPI环比上涨0.3%,高于4月份的0.1%。
Japan's annual inflation rate edged down to 3.5% in May 2025 from 3.6% in the previous two months, marking the lowest level since November. Price growth eased for clothing (2.6% vs 2.7% in April), household items (3.6% vs 4.1%), and healthcare (2.0% vs 2.2%), while education costs fell further (-5.6%). In contrast, inflation held steady for transport (2.7%) and miscellaneous items (1.3%), but accelerated for housing (1.1% vs 1.0%), recreation (3.0% vs 2.7%), and communications (1.9% vs 1.1%). Meanwhile, prices of electricity (11.3% vs 13.5%) and gas (5.4% vs 4.4%) remained elevated. On the food side, prices increased by 6.5%, staying at the slowest pace in four months, though rice prices soared over 100%, underscoring the limited impact of government efforts to rein in staple food costs. Core inflation, which excludes fresh food, rose to 3.7% from 3.5% in April, reaching its highest level in over two years ahead of the election. Monthly, the CPI rose 0.3%, up from a 0.1% gain in April.