Inflation Japan 1970

Average inflation: 6.8%

Current Inflation

Inflation is very high at 6.8%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 7.8%. The lowest inflation was in August at 4.5%.

Highest month
January: 7.8%
Lowest month
August: 4.5%
Difference
3.3 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food and non-alcoholic beverages with an average of 9.0%. The lowest price increase was in Food and non-alcoholic beverages with an average of 9.0%.

Highest increase
Food and non-alcoholic beverages: 9.0%
Lowest increase
Food and non-alcoholic beverages: 9.0%

Historical Context

Current inflation is around the 5-year average of 6.8%. This approaches the highest level since records began (6.8% in 1970).

5-year average
6.8%
10-year average
6.8%
All-time high (1970)
6.8%
All-time low (1970)
6.8%

Trend

ECB Target

Inflation is 4.8% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €106.80 next year at this inflation rate.

Multi-year trend

Monthly figures 1970

Inflation by category

Food and non-alcoholic beverages
9.0%
+2.2vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation
January 7.8%
February 7.8%
March 7.7%
April 7.7%
May 7.2%
June 7.1%
July 5.7%
August 4.5%
September 5.4%
October 6.6%
November 7.0%
December 7.0%
Average 6.8%

Data source

Data from OECD. Last updated: 17/12/2025.

See also