Japanese Households’ Inflation Expectations Hit Near Four-Year High: BOJ Survey

www.oann.com | 2/26/2014 | Staff
applecan (Posted by) Level 3
TOKYO (Reuters) – The percentage of Japanese households anticipating inflation to accelerate a year from now hit the highest level in nearly four years, a central bank survey showed on Friday.

A pick-up in inflation expectations may offer some hope to policymakers that consumer prices could edge up toward the Bank of Japan’s long-elusive 2 percent inflation target.

Survey - Households - Economy - Demand - US-China

But the survey also showed households were more pessimistic about the economy, which is being pressured by slowing global demand and the U.S.-China trade war.

The Bank of Japan’s survey on people’s livelihood showed the percentage of households who expect prices to rise a...
(Excerpt) Read more at: www.oann.com
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