Friday , 17 January 2025
Home Forex BoJ survey finds households expect inflation to rise by average of 11.5% a year from now
Forex

BoJ survey finds households expect inflation to rise by average of 11.5% a year from now

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!

  • Japanese households expect inflation to rise by an average of 11.5% a year from now, with a median expectation of 10.0%.

More:

  • 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.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

EURUSD: What are the technicals telling traders after bouncing off 2022 lows this week

The EURUSD bottomed this week on Monday after falling below the 61.8%...

USDJPY sellers this week tested the 38.2% retracement target, stalled and reversed.

The USDJPY last week, moved up to test a key target on...

Baker Hughes oil rig count down -2 to 468

Total rig count down -4 to 580Oil rig count -2 to 478Gas...

European indices close higher. Record closing levels for some of the indices.

The major European indices closed solidly higher not only for the day...