• A BOJ survey released Friday showed 80% of respondents expect price rises over the next 12 months
  • Up from 74% in March
  • The survey excludes the effects of a planned 3% sales tax rise in April next year

This will be welcome news within the BOJ and government, who are trying to reverse what BOj Governor Kuroda calls the ‘deflation mindset’

WSJ (gated) IBT (not gated)