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MNI BRIEF: BOJ: Japan Dec Sentiment Rises; Price Outlook Up

TOKYO (MNI)

Household sentiment in Japan rose in December and the outlook index gained for the first time in three quarters, the Bank of Japan's quarterly consumer survey released on Tuesday showed.

The BOJ's diffusion index to gauge households' sentiment on current economic conditions rose 9.5 points to -45.8 in December. The consumer sentiment outlook index projecting conditions a year ahead was up 24.8 points to +5.0 in December from -19.8 in September.

The proportion of respondents expecting prices to rise next year stood at 78.8% in December, up from 68.2% in September, see: MNI INSIGHT: BOJ Sees 2% Price Target Nearer With Wages Key.

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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