Inflation Japan 2002

Average inflation: -0.9%

Current Inflation

There is deflation with consumer prices declining by 0.9%.

Peak and Trough

The highest inflation was in December at -0.3%. The lowest inflation was in February at -1.6%.

Highest month
December: -0.3%
Lowest month
February: -1.6%
Difference
1.3 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 1.1%. The lowest price increase was in Furnishings, household equipment and maintenance with an average of -3.8%.

Highest increase
Education: 1.1%
Lowest increase
Furnishings, household equipment and maintenance: -3.8%

Historical Context

Current inflation is 0.5% lower than the 5-year average of -0.4%.

5-year average
-0.4%
10-year average
0.2%
All-time high (1991)
3.3%
All-time low (2002)
-0.9%

Trend

Inflation has remained relatively stable. Compared to 2001, the difference is minimal (-0.2 percentage point).

Change vs. previous year
-0.2 percentage points
Largest monthly swing
February: -1.3 percentage points

ECB Target

Inflation is 2.9% 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 €99.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2002

Inflation by category

Food and non-alcoholic beverages
-1.1%
-0.2vs avg.
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Alcoholic beverages, tobacco and narcotics
-0.7%
+0.2vs avg.
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Clothing and footwear
-2.3%
-1.4vs avg.
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Housing, water, electricity, gas and other fuels
-0.4%
+0.5vs avg.
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Furnishings, household equipment and maintenance
-3.8%
-2.9vs avg.
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Health
-1.2%
-0.3vs avg.
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Transport
-1.2%
-0.3vs avg.
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Communication
-1.5%
-0.6vs avg.
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Recreation and culture
-2.3%
-1.4vs avg.
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Education
1.1%
+2.0vs avg.
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Restaurants and hotels
-0.1%
+0.8vs avg.
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Miscellaneous goods and services
0.6%
+1.5vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2001
January -1.4% -1.1
February -1.6% -1.3
March -1.2% -0.5
April -1.1% -0.4
May -0.9% -0.2
June -0.7% +0.1
July -0.8% 0.0
August -0.9% -0.2
September -0.7% +0.1
October -0.9% -0.1
November -0.4% +0.6
December -0.3% +0.9
Average -0.9%

Data source

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

See also