BoJ survey reveals growing pessimism over economy

Share of respondents who expect conditions to worsen over coming year rises to over one-third

bank-of-japan-new
The Bank of Japan

Over one-third of the respondents to a Bank of Japan survey expect economic conditions to "worsen" over the coming year, an increase from previous quarters.

Of the 4,000 people surveyed, only 2,146 people gave valid responses, the BoJ noted. The majority felt conditions were the same in March 2016 as they were a year before, and expect the same to be true in a year's time.

There has, however, been an overall shift towards pessimism. The percentage of respondents who felt economic conditions had

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