Inflation Japan 1981

Average inflation: 4.9%

Current Inflation

Inflation is high at 4.9%, well above the ECB target.

Peak and Trough

The highest inflation was in January at 7.2%. The lowest inflation was in November at 3.8%.

Highest month
January: 7.2%
Lowest month
November: 3.8%
Difference
3.4 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 7.7%. The lowest price increase was in Communication with an average of -0.4%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 7.7%
Lowest increase
Communication: -0.4%

Historical Context

Current inflation is 0.9% lower than the 5-year average of 5.8%.

5-year average
5.8%
10-year average
9%
All-time high (1974)
23.2%
All-time low (1979)
3.7%

Trend

Inflation shows an upward trend. Compared to 1980, inflation has risen by -2.9 percentage point.

Change vs. previous year
-2.9 percentage points
Largest monthly swing
September: -4.7 percentage points

ECB Target

Inflation is 2.9% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €104.90 next year at this inflation rate.

Multi-year trend

Monthly figures 1981

Inflation by category

Food and non-alcoholic beverages
5.1%
+0.2vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
7.7%
+2.8vs avg.
More details →
Clothing and footwear
4.1%
-0.8vs avg.
More details →
Housing, water, electricity, gas and other fuels
5.8%
+0.8vs avg.
More details →
Furnishings, household equipment and maintenance
4.5%
-0.4vs avg.
More details →
Health
2.8%
-2.1vs avg.
More details →
Communication
-0.4%
-5.3vs avg.
More details →
Recreation and culture
5.1%
+0.2vs avg.
More details →
Education
7.5%
+2.6vs avg.
More details →
Restaurants and hotels
5.1%
+0.2vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1980
January 7.2% +0.8
February 6.3% -1.4
March 6.1% -1.6
April 5.0% -3.1
May 5.0% -3.0
June 4.8% -3.4
July 4.4% -3.1
August 4.2% -4.2
September 4.0% -4.7
October 4.2% -3.3
November 3.8% -4.2
December 4.3% -2.6
Average 4.9%

Data source

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

See also