The Bank of Japan polls firms as part of its quarterly Tankan survey.
The Price Expectations survey shows:
- Japan firms expect CPI to rise 2.4% a year from now, the same rate as the survey 3 months ago.
- expect consumer prices to rise an annual 2.3% three years from now and an annual 2.2% five years from now
If those estimates are shared by the BoJ it keeps rate hikes on track.
Bank of Japan
