BoJ Tankan: Inflation Forecast 1.1% For Next Year





The expectation for inflation over the next year in Japan is 1.1 percent, the Bank of Japan said on Wednesday in the second half of its quarterly Tankan survey of consumer sentiment.
According to the all enterprise component, the inflation rate is expected to rise to 1.8 percent over the next three years, and then to 2.1 percent in five years.
However, among large manufacturers, inflation is expected to add just 0.2 percent over the next year, be flat in three years and then fall 0.3 percent in five years.
Among large non-manufacturers, inflation is called at 0.9 percent in the next year, 1.3 percent in three years and 1.5 percent in five years.
The first portion of the Tankan was released on Tuesday.


News are provided by InstaForex.