Japanese Consumers Expect Inflation to Hit 12.2% in Coming Year, BOJ Survey Reveals
The Bank of Japan revealed through its latest survey that Japanese consumers expect increasing prices and show record annual inflation forecasts from the survey. People answered the Bank of Japan survey from February 6 to March 4 and told researchers that prices would go up 12.2% during the following year. This increase marks a jump from the prior 11.5% seen …