BOJ Tankan report (part 2) - inflation still seen missing target

This is the BOJ survey on corporate price expectations, released a day after the main part of the quarterly Tankan

(A business day that is, Tankan was out on Friday)

Firms expect the CPI to rise 0.9% a year from now (vs +0.8% prior)

• to rise 1.1% y/y 3 years from now (vs +1.1%)
• to rise 1.2% y/y 5 years from now (from 1.1% previous survey)