FX.co ★ Japan's Inflation Stalls: National CPI Remains Unchanged for September

On October 23, 2025, Japan released its latest Consumer Price Index (CPI) data, revealing no change in the inflation rate for September. The National CPI held steady at 0.1% month-over-month, aligning perfectly with the figure from August, according to recent updates.

This stagnation in the inflation rate comes as a surprise to some economists who had anticipated a slight uptick due to recent economic stimuli. Instead, the unchanged status underscores persistent challenges in stimulating sustainable growth. Japan's economy continues to grapple with sluggish consumer spending and tepid domestic demand, which have kept inflation rates subdued.

The consecutive months of static CPI figures emphasize the ongoing economic hurdles faced by Japan and highlight the potential need for additional strategies to bolster economic activity. As analysts monitor these developments closely, the nation's policymakers may need to recalibrate efforts to foster inflation and invigorate the economy.