The survey finds little change in the percentage of Japanese households expecting prices to rise a year from now
85.7% of Japanese households expect prices to rise a year from now, compared with 85.6% in the previous survey.But ... check out the surge in CPI expected!
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82.5% of Japanese households expect prices to rise five years from now, compared to 83.6% in the previous survey.Japanese households expect inflation to rise by an average of 9.2% five years from now, with a median expectation of 5.0%.ps. The Bank of Japan meet on January 23 and 24. A rate hike is now widely expected.
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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