Inflation Japan 1989
Average inflation: 2.3%
Current Inflation
Inflation is normal at 2.3%, around the ECB target.
Peak and Trough
The highest inflation was in June at 3.0%. The lowest inflation was in February at 1.0%.
- Highest month
- June: 3.0%
- Lowest month
- February: 1.0%
- Difference
- 2.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Clothing and footwear with an average of 4.4%. The lowest price increase was in Alcoholic beverages, tobacco and narcotics with an average of -1.0%.
- Highest increase
- Clothing and footwear: 4.4%
- Lowest increase
- Alcoholic beverages, tobacco and narcotics: -1.0%
Historical Context
Current inflation is 1.1% higher than the 5-year average of 1.2%.
- 5-year average
- 1.2%
- 10-year average
- 2.6%
- All-time high (1974)
- 23.2%
- All-time low (1987)
- 0.1%
Trend
Inflation shows an upward trend. Compared to 1988, inflation has risen by +1.6 percentage point.
- Change vs. previous year
- +1.6 percentage points
- Largest monthly swing
- June: +2.8 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 €102.30 next year at this inflation rate.
Multi-year trend
Monthly figures 1989
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1988 |
|---|---|---|
| January | 1.1% | +0.2 |
| February | 1.0% | +0.3 |
| March | 1.1% | +0.4 |
| April | 2.4% | +2.1 |
| May | 2.9% | +2.7 |
| June | 3.0% | +2.8 |
| July | 3.0% | +2.5 |
| August | 2.6% | +1.9 |
| September | 2.6% | +2.0 |
| October | 2.9% | +1.8 |
| November | 2.3% | +1.1 |
| December | 2.6% | +1.6 |
| Average | 2.3% |
Data source
Data from OECD. Last updated: 11/01/2026.