Inflation expectations in Japan | 13 October 2023

13 October 2023, USD/JPY

Inflation expectations in Japan

USDJPY trading plan:

Japanese households' inflation expectations rose slightly in the three months to September, a central bank quarterly survey showed. The survey will be among factors that the Bank of Japan will scrutinise in producing new inflation forecasts at its Oct. 30-31 policy review. The ratio of Japanese households expecting prices to rise a year from now stood at 86.8% in September, a tad higher than 86.3% in June, the BOJ survey showed. Households expect inflation to accelerate by an average 10.7% a year from now, versus 10.5% seen in June, the September survey showed.

Investment idea: buy 149.45 and take profit 149.90.

David Johnson
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .