BoJ survey: Households expect inflation to rise by an average of 11.5% annually from now on

A quarterly survey by the Bank of Japan (BoJ) showed on Friday that “Japanese households expect inflation to rise by an average of 11.5% within a year, with a median expectation of 10.0%.”

Additional conclusions

Japanese households expect inflation to rise by an average of 9.2% within five years, with a median expectation of 5.0%.

85.7% of Japanese households expect prices to rise within a year, compared to 85.6% in the previous survey.

82.5% of Japanese households expect prices to rise within five years, compared to 83.6% in the previous survey.

Source: Fx Street

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