Households expect inflation to rise by average of 11.5% a year from now

A quarterly survey conducted by the Bank of Japan (BoJ) showed on Friday that “Japanese households expect inflation to rise by an average of 11.5% a year from now, with a median expectation of 10.0%.”

Additional takeaways

Japanese households expect inflation to rise by an average of 9.2% five years from now, with a median expectation of 5.0%.

85.7% of Japanese households expect prices to rise a year from now, compared with 85.6% in the previous survey.

82.5% of Japanese households expect prices to rise five years from now, compared to 83.6% in the previous survey.