CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI DATA IMPACT: BOJ Dec Tankan: Longer-CPI Outlook Higher

--Firms 1-Yr Infln Rate Outlook at 0.3% Vs. 0.3% in September

--Firms 3-Yr Infln Outlook 0.7%; 0.6% in Sep, 5-Yr Infln Rate 0.9% v 0.8%

TOKYO (MNI)

Longer-term inflation expectations at Japanese firms rose slightly in the three months to December although the one-year outlook was unchanged from the September reading, according to the latest Bank of Japan Tankan survey released on Monday.

On average, companies saw the annual consumer inflation rate at 0.3% in a year from now, unchanged from 0.3% in September. They also saw a 0.7% rise three years out and a 0.9% rise five years ahead, up from +0.6% and +0.8%, respectively in the September survey.

The BOJ has previously admitted that momentum toward achieving its 2% price target has been temporarily stalled, with consumer prices expected to be negative for some time.

The survey, conducted from November 11 to December 11, showed companies expect sales prices to fall 0.1% a year from now, up from -0.2% in September.

They saw an increase of 0.6% three years ahead, unchanged from +0.6% in September and expect an increase of 1.3% over five years, up from 1.2% in September.

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

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.