Japanese households expect prices to rise in a year from now – BoJ Survey

Dhwani Mehta FXStreet

A quarterly survey by the Bank of Japan (BoJ) showed on Wednesday, a majority of Japanese households see prices increasing a year from now.

Key takeaways

“The ratio of Japanese households expecting prices to rise a year from now stood at 85.0% in December, down from 85.7% in September.”

“The ratio of households expecting prices to rise five years from now stood at 76.7%, down from 78.3% three months ago.”

This survey is closely watched by the BoJ to determine its inflation outlook.

Market reaction

USD/JPY is consolidating its renewed uptick above 132.00, trading almost unchanged on the day at 132.28.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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