Japanese households expect much higher inflation for the next 5 years

The Bank of Japan quarterly survey of household inflation expectations was conducted in December: 79.3% of Japanese households expect prices to rise a year from now, compared with 86.8% in previous surveyJapanese households expect inflation to rise by average +10.0% a year from now, median +8.0%76.5% of Japanese households expect prices to rise five years from now, vs 80.7% in previous surveyJapanese households expect inflation to rise by average +7.6% five years from now, median +5.0% While the results are down just a little from the previous survey in September, that final point shows households are certainly adjusting their expectations for higher for longer. There is an argument amon

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Last updated : 17 January 2024 clock 07:48 AM

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