The ratio of Japanese households expecting prices to rise a year from now stood at 85 percent in Dec., down from 85.7 percent in Sept., a quarterly survey by the Bank of Japan. | Reuters
TOKYO – The ratio of Japanese households expecting prices to rise a year from now stood at 85 percent in December, down from 85.7 percent in September, a quarterly survey by the Bank of Japan showed on Wednesday.
The ratio of households expecting prices to rise five years from now stood at 76.7 percent, down from 78.3 percent three months ago, the survey showed.The quarterly BOJ survey on households is among data closely watched by the central bank to determine the outlook for inflation.
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