Inflation Japan 2014

Average inflation: 2.7%

Current Inflation

Inflation is normal at 2.7%, around the ECB target.

Peak and Trough

The highest inflation was in May at 3.7%. The lowest inflation was in January at 1.4%.

Highest month
May: 3.7%
Lowest month
January: 1.4%
Difference
2.3 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food and non-alcoholic beverages with an average of 4.3%. The lowest price increase was in Health with an average of 1.0%.

Highest increase
Food and non-alcoholic beverages: 4.3%
Lowest increase
Health: 1.0%

Historical Context

Current inflation is 2.3% higher than the 5-year average of 0.4%. This approaches the highest level since records began (2.7% in 2014).

5-year average
0.4%
10-year average
0.2%
All-time high (2014)
2.7%
All-time low (2009)
-1.3%

Trend

Inflation shows an upward trend. Compared to 2013, inflation has risen by +2.3 percentage point.

Change vs. previous year
+2.3 percentage points
Largest monthly swing
April: +4.1 percentage points

ECB Target

Inflation is 0.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €102.70 next year at this inflation rate.

Multi-year trend

Monthly figures 2014

Inflation by category

Food and non-alcoholic beverages
4.3%
+1.6vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
2.3%
-0.4vs avg.
More details →
Clothing and footwear
2.2%
-0.5vs avg.
More details →
Housing, water, electricity, gas and other fuels
1.6%
-1.1vs avg.
More details →
Furnishings, household equipment and maintenance
3.9%
+1.2vs avg.
More details →
Health
1.0%
-1.7vs avg.
More details →
Transport
3.6%
+0.9vs avg.
More details →
Communication
1.3%
-1.4vs avg.
More details →
Recreation and culture
3.4%
+0.7vs avg.
More details →
Education
1.8%
-0.9vs avg.
More details →
Restaurants and hotels
3.1%
+0.4vs avg.
More details →
Miscellaneous goods and services
2.9%
+0.2vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2013
January 1.4% +1.7
February 1.5% +2.2
March 1.6% +2.5
April 3.4% +4.1
May 3.7% +4.0
June 3.6% +3.4
July 3.4% +2.7
August 3.3% +2.4
September 3.2% +2.1
October 2.9% +1.8
November 2.4% +0.9
December 2.4% +0.8
Average 2.7%

Data source

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

See also