Inflation Japan 2011

Average inflation: -0.3%

Current Inflation

There is deflation with consumer prices declining by 0.3%.

Peak and Trough

The highest inflation was in July at 0.2%. The lowest inflation was in January at -0.6%.

Highest month
July: 0.2%
Lowest month
January: -0.6%
Difference
0.8 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 4.9%. The lowest price increase was in Furnishings, household equipment and maintenance with an average of -5.8%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 4.9%
Lowest increase
Furnishings, household equipment and maintenance: -5.8%

Historical Context

Current inflation is around the 5-year average of -0.2%.

5-year average
-0.2%
10-year average
-0.2%
All-time high (1997)
1.7%
All-time low (2009)
-1.3%

Trend

Inflation has remained relatively stable. Compared to 2010, the difference is minimal (+0.4 percentage point).

Change vs. previous year
+0.4 percentage points
Largest monthly swing
July: +1.1 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 2011

Inflation by category

Food and non-alcoholic beverages
-0.4%
-0.1vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
4.9%
+5.2vs avg.
More details →
Clothing and footwear
-0.3%
+0.0vs avg.
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Housing, water, electricity, gas and other fuels
0.6%
+0.9vs avg.
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Furnishings, household equipment and maintenance
-5.8%
-5.5vs avg.
More details →
Health
-0.7%
-0.4vs avg.
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Transport
2.7%
+3.0vs avg.
More details →
Communication
-0.7%
-0.4vs avg.
More details →
Recreation and culture
-4.1%
-3.8vs avg.
More details →
Education
-2.0%
-1.7vs avg.
More details →
Restaurants and hotels
-0.2%
+0.1vs avg.
More details →
Miscellaneous goods and services
0.6%
+0.9vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2010
January -0.6% +0.7
February -0.5% +0.6
March -0.5% +0.6
April -0.4% +0.8
May -0.4% +0.5
June -0.4% +0.3
July 0.2% +1.1
August 0.2% +1.1
September 0.0% +0.6
October -0.2% -0.4
November -0.5% -0.6
December -0.2% -0.2
Average -0.3%

Data source

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

See also