Expectations of consumer goods price development in Japan 2023

Published by C. Diep, Mar 27, 2024

The majority of consumers in Japan expected the price levels of daily commodities to increase in one year time, as revealed in a survey conducted in December 2023. More than 79 percent of respondents thought that the prices of consumer goods will increase, while only 2.4 percent expected a decline in consumer prices.

Expectations of the price development of consumer goods in Japan as of December 2023

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Release date

January 2024

Region

Japan

Survey time period

November 9 to December 2023

Number of respondents

2,061 respondents

Age group

20 years and older

Special properties

responses were collected via mail or online; only one answer allowed

Method of interview

Postal questionnaire

Supplementary notes

Original question: "What is your outlook for prices one year from now?"

Figures do not add up to 100 percent due to rounding by the source.

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1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

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