Japan Inflation Likely to Stay Around 2% Next Few Years -- Market Talk
Dow Jones03-25 14:15
0615 GMT - Japan's inflation is likely to stay near the central bank's 2% target over the next few years, according to forecasts by Sony Financial economist Takayuki Miyajima. Miyajima expects consumer inflation, excluding volatile fresh food prices, to be 2.0% in the fiscal year starting April 1, followed by 1.9% and 2.1% in the subsequent years. "If fiscal deterioration concerns trigger a rapid depreciation of the yen, inflation expectations could shift upward. Over the medium term, labor shortages may also exert inflationary pressure, depending on the influx of foreign labor," he says.(megumi.fujikawa@wsj.com)
(END) Dow Jones Newswires
March 25, 2026 02:15 ET (06:15 GMT)
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