Inflation expectations in Japan | 13 10月 2023

13 10月 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
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