Japan households' inflation expectations weaken: BOJ

[TOKYO] Japanese households' inflation expectations weakened in the three months to June, a central bank survey showed, keeping alive expectations of additional monetary stimulus.

The ratio of households that expect prices to rise a year from now stood at 72.4 per cent in June, down from 75.7 per cent in March, the BOJ's quarterly survey on people's livelihood showed on Tuesday.

A separate index measuring households' confidence about the economy stood at minus 27.3 in June, worsening from minus 22.5 in March.

REUTERS