- 86.8% of households expect prices to rise a year from now (previously 86.3% in June)
- Japanese households expect inflation to rise by average of 10.7% a year from now (previously 10.5%)
- 80.7% of households expect prices to rise 5 years from now (previously 79.0%)
- Japanese households expect inflation to rise by average of 8.0% 5 years from now (previously 7.5%)
That feeds into a stronger inflation outlook and will likely convince the BOJ to up its inflation forecasts in their meeting latest this month – something which markets are already expecting.