BOJ Tankan inflation expectations still well below 2% target

Omkar Godbole FXStreet Contributor

Japanese companies expect consumer prices to rise an average 0.8 percent a year from now, unchanged from the previous forecast and well below Bank of Japan's (BOJ) 2 percent inflation target, the central bank's Tankan survey for March released today showed.

Key points (Source: Reuters)

BoJ Tankan consumer price expectations survey still low, well below target.
Against BoJ's 2% target, +0.8% y/y eyed a year from now, +1.1% in 3 years.
Little change 5 years hence - still only +1.1% eyed.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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