BoJ survey finds households expect inflation to rise by average of 11.5% a year from now ...Middle East

85.7% of Japanese households expect prices to rise a year from now, compared with 85.6% in the previous survey.

But ... check out the surge in CPI expected!

Japanese households expect inflation to rise by an average of 11.5% a year from now, with a median expectation of 10.0%.

82.5% of Japanese households expect prices to rise five years from now, compared to 83.6% in the previous survey.Japanese households expect inflation to rise by an average of 9.2% five years from now, with a median expectation of 5.0%.

ps. The Bank of Japan meet on January 23 and 24. A rate hike is now widely expected.

This article was written by Eamonn Sheridan at www.forexlive.com.

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