In the Bank of Japan’s survey on household sentiment, 86.5% of respondents said prices would rise in five years, while the figure for one year from now was 88.6%. The survey covered 4,000 people and was conducted from 3 August to 4 September.
The Bank of Japan conducts its survey on household sentiment every 3 months. This survey was conducted from 3 August to 4 September and covered 4,000 people.
For prices one year from now, 88.6% of respondents said they would rise significantly or somewhat, remaining at a high level.
For prices five years from now, 86.5% said they would rise, up 0.4 percentage points from the previous survey. The most common reason was “because prices have been rising recently,” indicating strong expectations that price increases will continue.