BOJ survey finds 85% of households expect higher prices in a year, from 85.7% previously

From the Bank of Japan's 92nd Opinion Survey on the General Public's Views and Behavior (December 2022 Survey)Full Text [PDF 1,964KB]On inflation expectations: 85% of Japan households expect prices to rise a year from now, down from 85.7% in previous survey76.7% of Japan households expect prices to rise 5 years from now, down from 78.3% in previous survey Not really a lot of change. Bank of Japan Governor Kuroda has been telling us he expects Japanese inflation to begin falling from October 2023, or thereabouts. This article was written by Eamonn Sheridan at www.forexlive.com.

BOJ survey finds 85% of households expect higher prices in a year, from 85.7% previously

From the Bank of Japan's 92nd Opinion Survey on the General Public's Views and Behavior (December 2022 Survey)

Full Text [PDF 1,964KB]

On inflation expectations:

  • 85% of Japan households expect prices to rise a year from now, down from 85.7% in previous survey
  • 76.7% of Japan households expect prices to rise 5 years from now, down from 78.3% in previous survey

Not really a lot of change. Bank of Japan Governor Kuroda has been telling us he expects Japanese inflation to begin falling from October 2023, or thereabouts.

This article was written by Eamonn Sheridan at www.forexlive.com.