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Mizuho: Japan's Tankan corporate inflation forecasts attract attention

金色财经_
Jinse Finance reports that on June 30, Ryosuke Katagi, an economist at Mizuho Securities, said that the upcoming Bank of Japan Tankan survey may show further upward revisions in corporate inflation expectations. He said that given oil prices have remained high since the previous survey in March, companies are likely to raise their price forecasts in the June report. He added that if this happens, it could heighten the Bank of Japan's concern that the underlying inflation rate may exceed its 2% target. In the March survey, companies said they expect overall prices to rise 2.6% over the next year, higher than the previously announced forecast of 2.4%.
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