While the economy has subsequently been more or less flat due partly to the effects of a slowdown in overseas economies and the yen’s appreciation, there have recently been some signs of a pick-up. Public investment has started to increase and private consumption has firmed up due in part to the effects of measures to stimulate demand for automobiles.
By the end of the decade, oil prices had tripled and inflation reached post-war highs around the world. The early 1960s, amid the introduction of a new currency, also saw signs of inflation, resulting in anti-inflationary measures that, by 1967, slowed the rate of price increases.