BoJ Survey: 90.4% of Japanese Households Expect Price Rise in Year

The Bank of Japan's June quarterly survey reveals a sharp increase in inflation expectations among Japanese households. According to the data released Thursday, 90.4% of respondents expect prices to rise in the year ahead, compared with 83.7% in the prior survey.

The rising proportion suggests that inflation is becoming more entrenched in consumer sentiment, which could influence the BoJ's policy normalization timeline. The survey covers a broad cross-section of households and is closely watched for clues on wage and price dynamics.