A quarterly survey conducted by the Bank of Japan (BoJ) showed on Friday that “Japanese households expect inflation to rise by an average of 11.5% a year from now, with a median expectation of 10.0%.”
Additional takeaways
Japanese households expect inflation to rise by an average of 9.2% five years from now, with a median expectation of 5.0%.
85.7% of Japanese households expect prices to rise a year from now, compared with 85.6% in the previous survey.
82.5% of Japanese households expect prices to rise five years from now, compared to 83.6% in the previous survey.
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