Categories: Finances

Japan households expect prices to rise in year ahead


© Reuters. FILE PHOTO: A woman looks at clothes at a Fast Retailing’s Uniqlo store in Tokyo, Japan, January 24, 2017. Picture taken on January 24, 2017. REUTERS/Kim Kyung-Hoon

TOKYO (Reuters) – The ratio of Japanese households expecting prices to rise a year from now stood at 85.7% in March, rising from 85.0% in December, a Bank of Japan (BOJ) quarterly survey showed on Wednesday.

The ratio of households expecting prices to rise five years from now came to 75.4%, slightly down from 76.7% three months ago, the survey showed.

The quarterly BOJ survey on households is among data closely watched by the central bank to determine the outlook for inflation.

Source link

nasdaqpicks.com

Share
Published by
nasdaqpicks.com

Recent Posts

Jio Financial Services shares hit 1-year low, slide 42% in 10 months

Extending their losing streak to the third consecutive trading session, shares of Jio Financial Services…

1 minute ago

Broker’s call: IRCTC (Buy) – The Hindu BusinessLine

Target: ₹870CMP: ₹759.55Indian Railway Catering and Tourism Corporation (IRCTC) reported strong growth (15 per cent/10…

4 minutes ago

Refugees who arrive in UK via irregular routes to be barred from claiming citizenship

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories…

5 minutes ago

RBI lifts restrictions on Kotak Mahindra Bank, allows new customer onboarding

The Reserve Bank of India (RBI) has removed the regulatory restrictions imposed on Kotak Mahindra…

11 minutes ago

Power Finance Corporation Q3 results: Net profit rises 23% YoY to ₹5,829 crore, announces third interim dividend

Power Finance Corporation (PFC), on Wednesday, announced a 23 per cent increase in its consolidated…

13 minutes ago

Jammu & Kashmir: Unseasonal temperature rise and snowfall deficit threaten agriculture and water security

The Valley of Kashmir at the peak of its peak winter season witnessed above- normal…

19 minutes ago