Inflation Japan 1975

Average inflation: 11.9%

Inflation in 1975

Inflation is very high at 11.9%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 16.8%. The lowest inflation was in December at 7.8%.

Highest month
January: 16.8%
Lowest month
December: 7.8%
Difference
9.0 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 25.7%. The lowest price increase was in Communication with an average of 2.1%.

Highest increase
Education: 25.7%
Lowest increase
Communication: 2.1%

Historical Context

Inflation is around the 5-year average of 11.6%.

5-year average
11.6%
10-year average
10.8%
All-time high (1974)
23.2%
All-time low (1972)
4.9%

Trend

Over the period 1973-1975, inflation has remained relatively stable. Compared to 1974, inflation has fallen by 11.3 percentage points.

Change vs. previous year
-11.3 percentage points
Largest monthly swing
November: -16.2 percentage points

ECB Target

Inflation is 9.9 percentage points 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 ¥112 next year at this inflation rate.

Multi-year trend

Monthly figures 1975

Inflation by category

Food and non-alcoholic beverages
12.7%
+0.8 vs avg.
Alcoholic beverages, tobacco and narcotics
7.1%
-4.8 vs avg.
Clothing and footwear
6.0%
-5.9 vs avg.
Housing, water, electricity, gas and other fuels
11.5%
-0.4 vs avg.
Furnishings, household equipment and maintenance
3.8%
-8.1 vs avg.
Health
13.4%
+1.5 vs avg.
Communication
2.1%
-9.8 vs avg.
Recreation and culture
13.3%
+1.4 vs avg.
Education
25.7%
+13.8 vs avg.
Restaurants and hotels
17.1%
+5.2 vs avg.

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

Month overview

Month Inflation Difference vs. 1974
January 16.8% -5.1
February 13.6% -11.3
March 13.9% -8.9
April 13.4% -10.3
May 14.0% -8.0
June 13.4% -8.9
July 11.4% -12.4
August 10.2% -13.7
September 10.4% -12.1
October 9.7% -15.1
November 8.3% -16.2
December 7.8% -13.2
Average 11.9%

Data source

Data from OECD. Last updated: 13/01/2026.

See also