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Japanese households' inflation expectations rose

Japanese households' inflation expectations rose | 12 October 2021

12 October 2021, USD/JPY

Japanese households' inflation expectations rose

USDJPY trading plan:

Japanese households' inflation expectations rose in the three months to September, a fresh survey showed, suggesting a global rise in raw material costs may be affecting perceptions in a country worried about the risk of deflation. The ratio of Japanese households that expect prices to rise a year from now stood at 68.2% in September, up from 66.8% three months ago, a quarterly central bank survey showed. There is uncertainty, however, on how lasting the shift in public sentiment could be. The ratio of households seeing prices rising five years from now slid to 78.1% in September from 79.3% in June.

Investment idea: range 112.90 -113.80.

David Johnson
Analyst of «FreshForex» company
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