Bank of Japan survey shows that corporate inflation expectations for the next year have dropped to 2.6%

Japanese companies expect an average increase of 2.6% in consumer prices over the next year, lower than the 2.7% expected three months ago. The Bank of Japan's "Short Observation" survey in September showed that surveyed companies expect an average annual increase of 2.6% in consumer prices over the next three years and 2.5% over the next five years.