BOJ Tankan shows business inflation expectations are 2% or above for the next 5 years<p>The quarterly Bank of Japan Tankan survey is out. </p><p>Looking at what firms expect for inflation, from the Corporate Price Expectations survey:</p><ul><li>firms expect CPI at +2.7% y/y in a years time (prior survey was +2.6%</li><li>+2.2% in 3 years (vs. +2.1% prior)</li><li>+3% in 5 years (same as in prior survey)</li></ul><p>USD/JPY is little changed:</p>
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: BOJ Tankan shows business inflation expectations are 2% or above for the next 5 years (https://www.forexlive.com/centralbank/boj-tankan-shows-business-inflation-expectations-are-2-or-above-for-the-next-5-years-20221213/https://www.forexlive.com/centralbank/boj-tankan-shows-business-inflation-expectations-are-2-or-above-for-the-next-5-years-20221213/)
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