Inflation Japan 1999

Average inflation: -0.3%

Current Inflation

There is deflation with consumer prices declining by 0.3%.

Peak and Trough

The highest inflation was in August at 0.3%. The lowest inflation was in November at -1.2%.

Highest month
August: 0.3%
Lowest month
November: -1.2%
Difference
1.5 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 1.4%. The lowest price increase was in Furnishings, household equipment and maintenance with an average of -1.3%.

Highest increase
Education: 1.4%
Lowest increase
Furnishings, household equipment and maintenance: -1.3%

Historical Context

Current inflation is 0.7% lower than the 5-year average of 0.4%.

5-year average
0.4%
10-year average
1.2%
All-time high (1980)
7.8%
All-time low (1999)
-0.3%

Trend

Inflation shows a downward trend. Compared to 1998, inflation has fallen by +1.0 percentage point.

Change vs. previous year
-1.0 percentage points
Largest monthly swing
March: -2.6 percentage points

ECB Target

Inflation is 2.3% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

Due to deflation, purchasing power increases. Money becomes more valuable instead of less.

What you could buy for €100 this year will cost approximately €99.70 next year at this inflation rate.

Multi-year trend

Monthly figures 1999

Inflation by category

Food and non-alcoholic beverages
-0.8%
-0.5vs avg.
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Alcoholic beverages, tobacco and narcotics
1.1%
+1.4vs avg.
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Clothing and footwear
-0.1%
+0.1vs avg.
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Housing, water, electricity, gas and other fuels
-0.3%
-0.0vs avg.
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Furnishings, household equipment and maintenance
-1.3%
-1.0vs avg.
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Health
-0.7%
-0.4vs avg.
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Transport
-0.1%
+0.2vs avg.
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Communication
-0.2%
+0.1vs avg.
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Recreation and culture
-0.8%
-0.5vs avg.
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Education
1.4%
+1.7vs avg.
More details →
Restaurants and hotels
0.2%
+0.5vs avg.
More details →
Miscellaneous goods and services
-0.2%
+0.1vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1998
January 0.2% -1.6
February -0.1% -2.0
March -0.4% -2.6
April -0.1% -0.5
May -0.4% -0.9
June -0.3% -0.4
July -0.1% 0.0
August 0.3% +0.6
September -0.2% 0.0
October -0.7% -0.9
November -1.2% -2.0
December -1.1% -1.7
Average -0.3%

Data source

Data from OECD. Last updated: 11/01/2026.

See also