BOJ Quarterly Survey shows increasing majority of Japanese households expect higher prices

  • In both a one- and five-year timeframe

80.8% of Japanese households expect prices to grow in the next five years

  • from 78.1% in the September 2021 survey

78.8% of Japanese households expect prices to climb in the next year

  • from 68.2% in September

BOJ policy board on their inflation target:

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