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Firms surveyed by BOJ expect CPI to be still above the Bank's 2% target in 1, 3 & 5 years

The Bank of Japan keep telling us that they view above target inflation as transitory.Firms surveyed in the Bank of Japan Tankan price expectations survey completely disagree. The BOJ June Tankan Corporate Price Expectations survey reports that Japanese firms expectConsumer prices to rise 2.6% a year from now vs +2.8% in the previous surveyExpect consumer prices to rise an annual 2.2% 3 years from now vs +2.3% in prev surveyJapan firms expect consumer prices to rise an annual 2.1% 5 years from... Read More

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Posted: Jul 3 2023, 00:12

Author Name: forexlive

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