Inflation Japan 1996
Average inflation: 0.1%
Inflation in 1996
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
Inflation is 0.6 percentage points 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
Over the period 1994-1996, inflation has remained relatively stable. Compared to 1995, inflation has risen by 0.2 percentage points.
- Change vs. previous year
- +0.2 percentage points
- Largest monthly swing
- November: +1.2 percentage points
ECB Target
Inflation is 1.9 percentage points 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 next year at this inflation rate.
Multi-year trend
Monthly figures 1996
Inflation by category
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: 13/01/2026.