Inflation Japan 1976

Average inflation: 9.4%

Current Inflation

Inflation is very high at 9.4%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 10.5%. The lowest inflation was in January at 8.7%.

Highest month
December: 10.5%
Lowest month
January: 8.7%
Difference
1.8 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 18.9%. The lowest price increase was in Furnishings, household equipment and maintenance with an average of 1.3%.

Highest increase
Education: 18.9%
Lowest increase
Furnishings, household equipment and maintenance: 1.3%

Historical Context

Current inflation is 2.8% lower than the 5-year average of 12.2%.

5-year average
12.2%
10-year average
10.6%
All-time high (1974)
23.2%
All-time low (1972)
4.9%

Trend

Inflation shows a downward trend. Compared to 1975, inflation has fallen by +2.5 percentage point.

Change vs. previous year
-2.5 percentage points
Largest monthly swing
January: -8.1 percentage points

ECB Target

Inflation is 7.4% 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 €109.40 next year at this inflation rate.

Multi-year trend

Monthly figures 1976

Inflation by category

Food and non-alcoholic beverages
8.9%
-0.5vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
14.8%
+5.4vs avg.
More details →
Clothing and footwear
8.2%
-1.2vs avg.
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Housing, water, electricity, gas and other fuels
10.1%
+0.7vs avg.
More details →
Furnishings, household equipment and maintenance
1.3%
-8.1vs avg.
More details →
Health
8.1%
-1.3vs avg.
More details →
Communication
10.6%
+1.2vs avg.
More details →
Recreation and culture
6.1%
-3.3vs avg.
More details →
Education
18.9%
+9.5vs avg.
More details →
Restaurants and hotels
9.9%
+0.5vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1975
January 8.7% -8.1
February 9.3% -4.3
March 8.7% -5.2
April 9.4% -4.0
May 9.2% -4.8
June 9.6% -3.8
July 9.9% -1.5
August 9.4% -0.8
September 9.8% -0.6
October 8.7% -1.0
November 9.2% +0.9
December 10.5% +2.7
Average 9.4%

Data source

Data from OECD. Last updated: 11/01/2026.

See also