Key facts
- 88.6% of Japanese households expect prices to rise in one year.
- This figure is down from 90.4% in the previous Bank of Japan survey.
- 86.5% of respondents expect prices to rise five years from now, up from 86.1%.
TOKYO, Oct 13 (Reuters) - The ratio of Japanese households expecting prices to rise a year from now hit 88.6% in September, a quarterly Bank of Japan survey showed on Tuesday. This figure was down from 90.4% in the previous survey.
The survey also indicated that 86.5% of respondents anticipate prices will increase five years from now, a slight uptick from 86.1% in the June survey.