Inflation Japan 1971
Average inflation: 6.3%
Current Inflation
Inflation is very high at 6.3%, far above the ECB target.
Peak and Trough
The highest inflation was in September at 8.0%. The lowest inflation was in December at 4.8%.
- Highest month
- September: 8.0%
- Lowest month
- December: 4.8%
- Difference
- 3.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Restaurants and hotels with an average of 10.5%. The lowest price increase was in Health with an average of 1.8%.
- Highest increase
- Restaurants and hotels: 10.5%
- Lowest increase
- Health: 1.8%
Historical Context
Current inflation is around the 5-year average of 6.5%. This approaches the highest level since records began (6.8% in 1970).
- 5-year average
- 6.5%
- 10-year average
- 6.5%
- All-time high (1970)
- 6.8%
- All-time low (1971)
- 6.3%
Trend
Inflation has remained relatively stable. Compared to 1970, the difference is minimal (-0.5 percentage point).
- Change vs. previous year
- -0.5 percentage points
- Largest monthly swing
- September: +2.6 percentage points
ECB Target
Inflation is 4.3% 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 €106.30 next year at this inflation rate.
Multi-year trend
Monthly figures 1971
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1970 |
|---|---|---|
| January | 6.5% | -1.3 |
| February | 6.0% | -1.8 |
| March | 5.3% | -2.4 |
| April | 5.8% | -1.9 |
| May | 6.4% | -0.8 |
| June | 6.9% | -0.2 |
| July | 6.9% | +1.2 |
| August | 7.0% | +2.5 |
| September | 8.0% | +2.6 |
| October | 6.5% | -0.1 |
| November | 5.5% | -1.5 |
| December | 4.8% | -2.2 |
| Average | 6.3% |
Data source
Data from OECD. Last updated: 11/01/2026.