BoJ Quarterly Survey: 90.4% of Japanese households anticipate price increases in a year
The Bank of Japan (BoJ) quarterly survey in June showed on Thursday that 90.4% of Japanese households expect prices to rise a year from now, compared with 83.7% in the previous survey.
Key quotes
90.4% of Japanese households expect prices to rise a year from now, compared with 83.7% in previous survey.
Japanese households expect inflation to rise by average +13.1% a year from now, median +10.0%.
86.1% of Japanese households expect prices to rise five years from now, vs 82.6% in previous survey.
Japanese households expect inflation to rise by average +10.8% five years from now, median +5.0%.
Market reaction
At the time of writing, the USD/JPY pair is down 0.04% on the day at 162.11.
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