Japan’s official documents, read in English.New reading every Monday, Wednesday and Friday
Proposed rate together with the local consumption tax1%Proposed periodApril 1, 2027 – March 31, 2029State’s share of the support payment’s cost in the bill2/3 or moreApril 30, 2026¥6.2787 tnMay 6, 2026¥4.6759 tnMonthly total, Jul 30 – Aug 26, 2026 (no dates or currencies printed)¥15.3993 tnReal GDP, fiscal 2026, median forecast+0.6%CPI excluding fresh food, fiscal 2027, median forecast+2.4%CPI excluding fresh food, fiscal 2028, median forecast+2.0%Call rate guidelinearound 1.25%Vote7 for, 2 againstBasic loan rate1.5%Total cash earnings per worker, year on year+3.8%Real wage index, deflated by CPI less imputed rent, year on year+1.5%Real wage index, deflated by CPI all items, year on year+1.9%All items+1.9%All items, less fresh food+1.7%All items, less fresh food and energy+1.9%Held by the Bank of Japan41.16%Held overseas, bills included13.12%Held overseas, bonds only7.94%Central government debt, gross¥1,347tnof which domestic bonds¥1,212tnChange in three months+¥2.8tnJGB 10-year coupon3.1%JGB 2-year coupon2.0%Floating 10-year for individuals2.05%
Public Finance

Japan’s Cabinet Sends the Diet a Bill That Would Set the Consumption Tax on Food and Beverages at 1%, Local Tax Included, for 2 Years. The Government’s One-Page Overview.

One page from Japan’s Cabinet Secretariat and Ministry of Finance, read line by line. The bill would set the consumption tax rate on food and beverages at 0.78%, 1% with the local tax, from April 1, 2027 to March 31, 2029. A bill is a proposal, and the page prints no yen amount.

October 30, 2026 · Source: Cabinet Secretariat and Ministry of Finance, Japan
The figure0.78%Consumption tax rate on food and beverages proposed in the bill decided by Japan’s Cabinet on October 9, 2026 (1% together with the local consumption tax), for April 1, 2027 to March 31, 2029

Latest readings

Trade & Flows
October 28, 2026

Japan Sold Dollars on 3 Days in April–June 2026: ¥11.7349 Trillion. The Ministry of Finance’s Intervention Table.

3 dates and 3 amounts from Japan’s Ministry of Finance, read line by line — and the monthly page that prints ¥15.3993 trillion for July 30 to August 26, 2026, with no operation dates and no currencies.

¥11.7349 tn
Central Bank
October 26, 2026

Bank of Japan Board Members' Median Forecast for Fiscal 2026: Real GDP +0.6%, CPI Excluding Fresh Food +2.5%. The Outlook Report’s Table.

One table from the Bank of Japan’s Outlook Report of July 31, 2026, read row by row: ranges and medians for fiscal 2026, 2027 and 2028, beside the April figures.

+2.5%
Central Bank
October 23, 2026

1.25%, by 7 Votes to 2. The Bank of Japan’s September 2026 Statement.

The guideline, the vote, the names on each side and the two printed dissents, read in order. Statement dated September 18, 2026.

1.25%
Wages
October 21, 2026

Japan’s Cash Earnings Rose 3.8% in August 2026. Real Wages: 1.5% on One Price Index, 1.9% on Another. The Labour Ministry’s Monthly Survey.

The first page of the Monthly Labour Survey’s preliminary report for August 2026, read line by line: ¥311,364 per worker, and two real wage indexes, 83.7 and 85.6.

+3.8%
Prices
October 19, 2026

Japan’s Consumer Prices: 1.9% Above a Year Earlier in August 2026. The Statistics Bureau’s Own Tables.

The national Consumer Price Index release dated September 18, 2026, read line by line: three series, ten major groups, and the page on energy.

+1.9%
Central Bank
October 16, 2026

Who Holds Japan’s Government Debt? The Central Bank’s Own Table.

One table from the Bank of Japan’s Flow of Funds, read line by line. Figures as of the end of June 2026.

41.16%
Public Finance
October 14, 2026

Japan’s Government Owes ¥1,347 Trillion. Here Is the Table That Says So.

One table from Japan’s Ministry of Finance, read line by line. Figures as of the end of June 2026.

¥1,347tn
Rates
October 12, 2026

Japan’s 10-Year Bond Pays 3.1%. Here Is the Page That Says So.

One page from Japan’s Ministry of Finance, read line by line. The October 2026 offering.

3.1%

How we read

1

One document

Each piece takes a single page, table or filing published by a Japanese ministry, the central bank or a listed company.

2

Every figure traced

Each number is logged against the original before publication. Our own arithmetic is labelled as ours.

3

Nothing added

If the document does not say why, we do not guess. No forecasts and no recommendations.

Three readings a week.
Free, by email.

One Japanese government, central bank or company document per piece, read line by line. No forecasts, no recommendations.