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Japan corporations anticipate CPI to rise 2.4% a 12 months from now By Reuters

Japan corporations anticipate CPI to rise 2.4% a 12 months from now By Reuters
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TOKYO, Dec 13 (Reuters) – Japanese corporations anticipate client costs to rise a median 2.4% a 12 months from now, unchanged from their projection three months in the past, a central financial institution survey confirmed on Friday.

Three months in the past, corporations anticipated costs to rise 2.4% over the subsequent 12 months.

Companies polled by the Financial institution of Japan (BOJ), as a part of its detailed “tankan” survey for December, additionally mentioned they anticipate client costs to rise an annual 2.3% three years from now and an annual 2.2% 5 years from now.

The BOJ began the survey on company worth expectations from the tankan in March 2014 to collect extra data on inflation expectations, key to its present stimulus programme.

(For queries, contact Daniel Leussink at: daniel.leussink@thomsonreuters.com)



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