Public perception of economy gloomy: BoJ survey
The number of people who believe economic conditions in Japan have worsened has increased, survey results on the general public's views and behaviour, published by the Bank of Japan on Monday, said.
The survey results, designed to gain an insight into the public's perceptions and actions, showed that the proportion of respondents who said economic conditions have worsened compared with one year ago had increased, while the proportion of those who replied that economic conditions have improved decreased. The number of respondents who said current economic conditions were unfavourable also increased, and accounted for 83.6% of the sample.
The proportion of respondents who stated that the interest rate level was too high decreased from 12.6% to 12%, while the proportion of those who stated it was too low increased from 50.6% to 51.4%.
Click here to read the survey results
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