Japan households' inflation expectations weaken as pandemic clouds outlook: Bank of Japan survey

[TOKYO] Japanese households' inflation expectations weakened in the three months to December, a quarterly central bank survey showed on Tuesday, suggesting the coronavirus pandemic was heightening deflationary risks for the world's third-largest economy.

The ratio of households who expect prices to rise a year from now stood at 60.0 per cent in December, down from 63.3 per cent in September, according to the Bank of Japan's survey on people's livelihood.

REUTERS