BOJ Tankan - inflation report out now

Adam had the December Bank of Japan Tankan report yesterday:

Bank of Japan Q4 Tankan large manufacturers +12 vs +11 expected

Today we have the follow-up inflation details from the report ... here we go:

• Corporate price expectations survey: Japan firms expect consumer prices to rise 1.0 pct a year from now vs +1.2 pct in prev survey
• Japan firms expect consumer prices to rise an annual 1.3 pct 3 years from now vs +1.4 pct in prev survey
• Firms expect consumer prices to rise an annual 1.4 pct 5 years from now vs +1.5 pct in prev survey

Headlines via Reuters

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Japanese firms lowering the inflation expectations from the previous survey!