A Bank of Japan (BOJ) survey reveals that a significant percentage of Japanese households expect prices to rise in the coming year, with 83.3% anticipating a year-on-year increase. The survey also indicates an average inflation expectation of 9.4% and a median of 5.0%. Additionally, 80.6% of households foresee price rises in five years, showing an upward trend from the previous survey.
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🔴 BOJ SURVEY: 80.6% OF JAPANESE HOUSEHOLDS EXPECT PRICES TO RISE IN FIVE YEARS, UP FROM 76.5% IN THE PREVIOUS SURVEY.
🔴 BOJ SURVEY: JAPANESE HOUSEHOLDS EXPECT AVERAGE INFLATION TO INCREASE BY 9.4% YEAR ON YEAR, MEDIAN AT 5.0%
🔴 BOJ QUARTERLY SURVEY: 83.3% OF JAPANESE HOUSEHOLDS EXPECT PRICES TO RISE YOY, UP FROM 79.3% IN PREVIOUS SURVEY (MARCH)