ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintTitle ChevronIcon Twitter
Economy

Japanese public's inflation outlook hits 3-year low

TOKYO -- Expectations of inflation among Japanese households have fallen to the lowest point since the Bank of Japan launched its massive monetary easing program in April 2013, a survey by the central bank released Monday shows.

     Just 75.7% of respondents expect prices to be higher in a year, the lowest since March 2013 and down from more than 80% between June 2014 and September 2015. The figure fell 1.9 percentage points from the previous December survey, marking a third straight decline.

     The percentage of households who said prices have risen over the past year dropped 8.3 points to 70.5%. Of these, 83.9% expressed concern about the increase.

     On the topic of interest rates, 65.1% replied that they are too low, a 13.2-point jump from December and the highest figure since the central bank began asking the question in June 2006. Just 24.8% said that current levels are appropriate, while 7.1% said rates are too high.

     The BOJ surveyed 4,000 people between Feb. 5 and March 3, with 2,146 responding.

(Nikkei)

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends January 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more