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BoJ Quarterly Survey Shows Households Pessimistic on Inflation

  • 83.3% of Japanese households expect prices to rise y/y, up from 79.3% in Previous Survey (March).
  • Expect average inflation to increase by 9.4% y/y, median at 5.0%.
  • 80.6% of households expect prices to rise in five years, up from 76.5% in the previous survey.

This article was written by Gina Constantin at www.forexlive.com.

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