Currencies / Japan
Japanese yen
Positive growth and lower unemployment, with policy data lag
The latest observations
| Indicator | Observation | Reference period |
|---|---|---|
| Policy rate, BIS observation | 1.00%Policy setting | 15 Sept 2026Reported with a lagRelease & retrievalRelease: Not provided by this feedRetrieved: 20 Sept 2026, 06:06 UTCBIS disseminates daily policy observations around mid-week. A newer announcement may not be reflected.Original source ↗ |
| Nationwide all-items CPI, annual change | 1.9% year on yearNot seasonally adjusted | August 2026Latest available in this briefingRelease & retrievalRelease: 18 Sept 2026 (date only)Retrieved: 20 Sept 2026, 06:06 UTCObservation periods vary by release. The date shown is not a live reading.Original source ↗ |
| Unemployment rate | 2.4%Seasonally adjusted | July 2026Latest available in this briefingRelease & retrievalRelease: 28 Aug 2026 (date only)Retrieved: 20 Sept 2026, 06:07 UTCObservation periods vary by release. The date shown is not a live reading.Original source ↗ |
| Real GDP growth, quarterly | 0.4% quarter on quarterSeasonally adjusted | Q2 2026Latest available in this briefingRelease & retrievalRelease: Not provided by this feedRetrieved: 20 Sept 2026, 06:07 UTCObservation periods vary by release. The date shown is not a live reading.Original source ↗ |
What the evidence shows
The latest BIS policy-rate observation is 1.00% for 15 Sept 2026.
Nationwide all-items CPI rose 1.9% year on year in August 2026.
The unemployment rate was 2.4% in July 2026. Real GDP grew 0.4% quarter on quarter in Q2 2026.
How to read it
Quarterly output expanded and unemployment fell in the latest monthly comparison. These are useful domestic conditions to read alongside the last reported policy rate.
Counter-evidence
Quarterly growth was slower than in the preceding quarter. The CPI measure shown is nationwide all-items inflation and does not replace the central bank’s broader assessment.
Scope and limitations
BIS disseminates daily policy observations with a lag. This figure is the last reported observation and does not establish whether a newer central-bank announcement has occurred.
The latest CPI release uses the current index base; the annual calculation uses observations from that same base.