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MNI BRIEF: BOJ: Households More Accepting Of Higher Prices

(MNI) Tokyo
TOKYO (MNI)

Bank of Japan economists see signs that households are showing greater tolerance to absorb higher prices as cost-push inflation from rising energy and input costs has accelerated, MNI understands.

BOJ officials note the effect is a drop in real purchasing power for households, but they do not expect private consumption to deviate from a recovery path. The focus is on whether corporate price hikes expand and affect medium- to long-term inflation expectations, MNI understands see: MNI INSIGHT: BOJ Policy Could Pivot With Changing Price Views.

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

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