Inflation Japan 1996

Average inflation: 0.1%

Current Inflation

Inflation is very low at 0.1%, well below the ECB target.

Peak and Trough

The highest inflation was in December at 0.6%. The lowest inflation was in January at -0.5%.

Highest month
December: 0.6%
Lowest month
January: -0.5%
Difference
1.1 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 2.4%. The lowest price increase was in Furnishings, household equipment and maintenance with an average of -2.1%.

Highest increase
Education: 2.4%
Lowest increase
Furnishings, household equipment and maintenance: -2.1%

Historical Context

Current inflation is 0.6% lower than the 5-year average of 0.7%.

5-year average
0.7%
10-year average
1.3%
All-time high (1977)
8.2%
All-time low (1995)
-0.1%

Trend

Inflation has remained relatively stable. Compared to 1995, the difference is minimal (+0.2 percentage point).

Change vs. previous year
+0.2 percentage points
Largest monthly swing
November: +1.2 percentage points

ECB Target

Inflation is 1.9% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €100.10 next year at this inflation rate.

Multi-year trend

Monthly figures 1996

Inflation by category

Food and non-alcoholic beverages
-0.1%
-0.2vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
-0.3%
-0.4vs avg.
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Clothing and footwear
1.1%
+1.0vs avg.
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Housing, water, electricity, gas and other fuels
1.1%
+1.0vs avg.
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Furnishings, household equipment and maintenance
-2.1%
-2.3vs avg.
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Health
0.7%
+0.6vs avg.
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Transport
-1.9%
-2.0vs avg.
More details →
Communication
-0.9%
-1.0vs avg.
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Recreation and culture
-1.4%
-1.5vs avg.
More details →
Education
2.4%
+2.3vs avg.
More details →
Restaurants and hotels
0.1%
-0.0vs avg.
More details →
Miscellaneous goods and services
1.6%
+1.5vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1995
January -0.5% -1.1
February -0.4% -0.6
March -0.1% +0.3
April 0.2% +0.4
May 0.2% +0.2
June 0.0% -0.3
July 0.4% +0.3
August 0.2% +0.4
September 0.0% -0.2
October 0.5% +1.1
November 0.5% +1.2
December 0.6% +0.9
Average 0.1%

Data source

Data from OECD. Last updated: 10/01/2026.

See also