Inflation Japan 1984

Average inflation: 2.3%

Inflation in 1984

Inflation is normal at 2.3%, around the ECB target.

Peak and Trough

The highest inflation was in February at 2.9%. The lowest inflation was in January at 1.9%.

Highest month
February: 2.9%
Lowest month
January: 1.9%
Difference
1.0 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 8.6%. The lowest price increase was in Communication with an average of -2.2%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 8.6%
Lowest increase
Communication: -2.2%

Historical Context

Inflation is 1.6 percentage points lower than the 5-year average of 3.9%.

5-year average
3.9%
10-year average
5.7%
All-time high (1974)
23.2%
All-time low (1983)
1.9%

Trend

Over the period 1982-1984, inflation has remained relatively stable. Compared to 1983, inflation has risen by 0.4 percentage points.

Change vs. previous year
+0.4 percentage points
Largest monthly swing
September: +1.4 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

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 ¥102 next year at this inflation rate.

Multi-year trend

Monthly figures 1984

Inflation by category

Food and non-alcoholic beverages
2.3%
-0.0 vs avg.
Alcoholic beverages, tobacco and narcotics
8.6%
+6.3 vs avg.
Clothing and footwear
2.6%
+0.3 vs avg.
Housing, water, electricity, gas and other fuels
1.5%
-0.8 vs avg.
Furnishings, household equipment and maintenance
0.8%
-1.5 vs avg.
Health
3.6%
+1.3 vs avg.
Communication
-2.2%
-4.5 vs avg.
Recreation and culture
1.9%
-0.4 vs avg.
Education
4.5%
+2.2 vs avg.
Restaurants and hotels
3.0%
+0.7 vs avg.

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

Month overview

Month Inflation Difference vs. 1983
January 1.9% -0.2
February 2.9% +0.9
March 2.5% +0.2
April 2.3% +0.2
May 2.0% -0.7
June 1.9% -0.1
July 2.5% +0.2
August 1.9% +0.6
September 2.3% +1.4
October 2.2% +0.7
November 2.2% +0.3
December 2.6% +0.9
Average 2.3%

Data source

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

See also