Japanese Firms See Stable Inflation Taking Root in BOJ Boost

Lock
This article is for subscribers only.

Japanese companies forecast sustained price gains, providing support for the Bank of Japan’s campaign to generate stable inflation.

Firms forecast inflation of 1.5 percent in a year, unchanged from three months ago, the central bank reported today. They see prices rising 1.6 percent from a year earlier in three years, and gaining 1.7 percent in five years.