Skip to content
Subscriber Only

Years After BOJ Shock-and-Awe, Inflation to Fall Short

Updated on

Three years from now, price gains may still fall short of the Bank of Japan's 2 percent inflation target, set in 2013, a survey of economists by Bloomberg News shows.

Consumer prices will rise an average 1.4 percent the fiscal year through March 2017, after failing to reach 2 percent -- stripped of fresh food and a sales-tax boost -- in any of the years since the goal was set, the median of 16 estimates shows. Governor Haruhiko Kuroda wanted to get there in about two years when he unleashed his record stimulus plan in April 2013.