Current inflation 日本 2.1%
September 2026
Current Inflation
Inflation is normal at 2.1%, around the ECB target.
Historical Context
Inflation is 0.6 percentage points lower than the 5-year average of 2.7%.
- 5-year average
- 2.7%
- 10-year average
- 1.5%
- All-time high (1974)
- 23.2%
- All-time low (2009)
- -1.3%
Trend
Over the period 2024-2026, inflation shows a downward trend. Compared to 2025, average inflation in 2026 through September has fallen by 1.6 percentage points.
ECB Target
Inflation is close to the ECB target of 2.0%.
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 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- Average 2026 through September
- 1.6%
- Last year
- 3.2%
- 5-year average
- 2.7%
- All-time high (1974)
- 23.2%