Current inflation 日本 -0.5%
June 2021
Current Inflation
There is deflation with consumer prices declining by 0.7%.
Historical Context
Current inflation is 1.0% lower than the 5-year average of 0.3%.
- 5-year average
- 0.3%
- 10-year average
- 0.5%
- All-time high (1974)
- 23.2%
- All-time low (2009)
- -1.3%
Trend
Inflation shows a downward trend. Compared to 2020, inflation has fallen by +0.7 percentage point.
ECB Target
Inflation is 2.7% 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 €99.30 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- -0.7%
- Last year
- 0.0%
- 5-year average
- -0.7%
- All-time high (1974)
- 23.2%