What is the current Real interest rate (%) for Japan?

The latest Japan Real interest rate (%) value is 1.07 for January 2017.

Real Interest Rate: 1.07 Percentage (%) (Jan 2017) — Japan | Sigmanomics

Last updated: 1 Jan 2017, 00:00 UTCData from World Bank. Forecasts by Sigmanomics Forecast Engine.

Japan

Japan Real interest rate (%) climbed to 1.07 Percentage (%) in January 2017

World BankYearlyReleased January 2017

Japan Real interest rate (%) climbed to 1.07 Percentage (%) in January 2017, up 0.45 Percentage (%) from December's 0.62 Percentage (%) reading.

Latest Release

1.07

Latest (2017)

0.62

World Bank

Source

Sigmacast Track Record

Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.

Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).

CORRELATED SYMBOLS— markets that historically move with this indicator

Symbol	Direction	Correlation	Asset Class	Signal Bias	Action
EUR/USD	▲ Direct	+0.30	FOREX	Watch	→ View
XAU/USD	▲ Direct	+0.30	COMMODITIES	Watch	→ View
S&P 500	▲ Direct	+0.30	INDEX	Watch	→ View
BTC/USD	▲ Direct	+0.30	CRYPTO	Watch	→ View
USD/JPY	▲ Direct	+0.30	FOREX	Watch	→ View

Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.

THE RELEASE

Real Interest Rate (%) (Japan) was reported at 1.07 Percent in December 2017. The reading rose from the previous value of 0.62 Percent. This is classified as a high-impact indicator released on a yearly basis.

WHY IT MATTERS

The indicator has been trending upward over the last three releases.

WHAT TO WATCH NEXT

Same-country events in the next 14 days include Housing Starts YoY (May 28) and Unemployment Rate (May 28).

Auto-generated from current model state · Refreshes on each release · Last update December 2017.

Real interest rate (%) - JP

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About Real interest rate (%) — Japan

WHY THIS INDICATOR MATTERS

Policy-rate decisions and associated communication are the primary near-term driver of front-end rates, currencies, and equity-discount-rate inputs. Surprises against consensus typically move rates and currencies on release. Released annually.

WHAT'S NEXT

Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.

View detailed forecast →

EXPECTED ZONE

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Economic Calendar - JP Events

Tuesday, May 26, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
05:00	JP	Leading Index MoM		1.3	1.3	1.70	Low
05:00	JP	Coincident Indicator MoM		-1.8	0.3	0.20	Low
Thursday, May 28, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
05:00	JP	Housing Starts YoY		-29.3	15.5	15.50	Medium
05:00	JP	Construction Orders YoY		-14.4	3.6	3.60	Low
23:30	JP	Jobs/applications ratio		1.18	1.18	1.18	Low
23:30	JP	Core CPI YoY		1.5	1.5	1.50	Low
23:30	JP	Unemployment Rate		2.7	2.7	2.70	Medium
23:30	JP	CPI YoY		1.5	1.6	1.60	Low
23:50	JP	Industrial Production YoY		2.4	1.5	1.50	Low
23:50	JP	Industrial Production MoM		-0.4	-1	-1.00	Medium
23:50	JP	Retail Sales YoY		1.7	1.3	1.30	Medium
23:50	JP	Retail Sales MoM		1.3	-0.5	-0.50	Low
Friday, May 29, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
05:00	JP	Consumer Confidence		32.2	32	32.00	High