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Japanese Economic Trend

Japan economic activity covering production, distribution, consumption and trade of goods and services including GDP Growth Rate and Exchange Rate.

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  • The Japanese government offered the assessment in its Monthly Economic Report for September 2025 that " The Japanese economy is recovering at a moderate pace, while the effects caused from the U.S. trade policies are seen mainly in the automotive industry. Concerning short-term prospects, the improvement in the employment and income situation and the effects of the policies are expected to support a moderate recovery, while attention should be given to downturn risks of the Japanese economy due to the impact of the U.S. trade policies are increasing. In addition, the effects of continued price increases on private consumption through a downturn in consumer sentiment are also downside risks to the Japanese economy. Also, continued attention should be given to the effects of fluctuations in the financial and capital markets."

GDP Growth Rate 15 October 2025

Q2 2025

Real GDP Growth

0.5

QOQ  +0.4 Points

Annualized Rate

2.2

QOQ  +1.9points

3.1 Gross Domestic Product: Quarter on Quarter (Real/Seasonally Adjusted)

Unemployment Rate 15 October 2025

Aug 2025

Unemployment Rate

2.6

MOM  +0.3 Points

Unemployment

1.82 million

MOM  +13 million

3.2 Unemployment Rate

Source : Statistics Bureau, Ministry of Internal Affairs and Communications "Labour Force Survey"
*Unemployed rate are seasonally adjusted series and unemployed person are original series.

Exchange Rate 15 October 2025

3.3 Japanese Yen Exchange Rate (Monthly-Average)

US Dollar/Japanese Yen

Sep 2025 (Monthly-Average)

USD/JPY 147.99

Euro/Japanese Yen

Sep 2025 (Monthly-Average)

EUR/JPY 173.55

Chinese Renminbi/Japanese Yen

Sep 2025 (Monthly-Average)

CNY/JPY 20.77

South Korean Won/Japanese Yen

Sep 2025 (Monthly-Average)

100KRW/JPY 10.64

CPI 15 October 2025

Aug 2025

112.1

MOM  +0.2 Points

3.4 Consumer Price Index

Index related to consuming activities 15 October 2025

3.5 Consumption Expenditure per Household Annual

Source : Statistics Bureau, Ministry of Internal Affairs and Communications "Family Income and Expenditure Survey"
*Yearly Average of Monthly Income and Expenditure per Household - Workers' households containing over 2 adults (2000~2016)
*The data is including agricultural, forestry and fisheries households.

3.6 Consumption expenditures on Travel & Communication Annual

Source : Statistics Bureau, Ministry of Internal Affairs and Communications "Family Income and Expenditure Survey"
*Yearly Average of Monthly Income and Expenditure per Household - Workers' households containing over 2 adults (2000~2016)
*The data is including agricultural, forestry and fisheries households.

3.7 Sales of Department Stores (Nationwide)

3.8 Wholesale Price of Unleaded Gasoline by Month (National Average)

Source : Agency for Natural Resources and Energy
Wholesale price for major oil companies' gas station (Without Consumption Tax)