TOKYO (Reuters) – The ratio of Japanese households expecting prices to rise a year from now stood at 85.7% in March, rising from 85.0% in December, a Bank of Japan (BOJ) quarterly survey showed on Wednesday.
The ratio of households expecting prices to rise five years from now came to 75.4%, slightly down from 76.7% three months ago, the survey showed.
The quarterly BOJ survey on households is among data closely watched by the central bank to determine the outlook for inflation.
(Reporting by Tetsushi Kajimoto; Editing by Jacqueline Wong)
