The Bank of Japan's December quarterly survey revealed that 86.0% of Japanese households expect prices to rise in one year, up from 88.0% in the previous survey. 83.0% of Japanese households expect prices to rise in five years, up from 84.8% in the previous survey. Japanese households project an average inflation rate of 11.6% one year from now, with a median of 10.0%. They project an average inflation rate of 9.8% five years from now, with a median of 5.0%.
