ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

BOJ mulls downgrading inflation outlook amid lower expectations

Bank of Japan Gov. Haruhiko Kuroda

TOKYO -- Even as the Bank of Japan's massive monetary easing program enters its fourth year, inflation expectations are dimming among Japanese households, businesses and markets, which could force the central bank to revise its forecast yet again.

     Businesses see the consumer price index rising 0.8% over the next year, according to a BOJ survey for March released Friday. This marks a 0.2-percentage-point drop from December, with the three- and five-year estimates falling by 0.2 point as well. This first survey since the central bank introduced negative interest rates indicates that the policy's impact has not yet spread.

Sponsored Content

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

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

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