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Link: 95% in Japan feel impact of rising prices, BOJ survey shows

Ninety-five percent of people in Japan feel that prices have risen in the past year, surpassing 90% for the eighth-straight quarter, according to a Bank of Japan survey. The share for June rose from 94.4% three months earlier, showing that most people continue to feel the impact of persistent price hikes for daily necessities amid the yen's weakening, the survey showed Friday. The average of year-on-year price increases seen by respondents was 15.7%, up from 14.2% in the March survey. The survey also showed that 87.5% of respondents believe that prices will be even higher in one year's time, marking the highest level since June 2008. #

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Yoooo, this is a quick note on a link that made me go, WTF? Find all past links here.

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QuHarrison Terry

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