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Results of the 74th Opinion Survey on the General Public's Views and Behavior (June 2018 Survey)

July 13, 2018
Public Relations Department
Bank of Japan

Survey Outline

  • Survey period : From May 11 to June 6, 2018.
  • Population of the Survey : Individuals living in Japan who are at least 20 years of age.
  • Sample size : 4,000 people (2,161 people [i.e., 54.0 percent of the overall sample size] provided valid responses to questions).
  • Sampling method : Stratified two-stage random sampling method.
  • Survey methodology : Questionnaire survey (mail survey method).
Impression of Present Economic Conditions Compared with One Year AgoPercent, percentage points
71st survey
(Sep 2017)
72nd survey
(Dec 2017)
73rd survey
(Mar 2018)
74th survey
(Jun 2018)
Have improved (A) 7.6 8.3 9.6 8.6
Have remained the same 71.0 70.9 68.0 72.6
Have worsened (B) 21.1 20.2 22.0 18.5
D.I. (A) minus (B) -13.5 -11.9 -12.4 -9.9
Outlook for Economic Conditions One Year from NowPercent, percentage points
71st survey
(Sep 2017)
72nd survey
(Dec 2017)
73rd survey
(Mar 2018)
74th survey
(Jun 2018)
Will improve (A) 7.5 8.6 9.3 8.2
Will remain the same 66.4 67.0 65.6 66.7
Will worsen (B) 25.5 24.1 24.5 24.8
D.I. (A) minus (B) -18.0 -15.5 -15.2 -16.6
Impression of Present Household Circumstances Compared with One Year AgoPercent, percentage points
71st survey
(Sep 2017)
72nd survey
(Dec 2017)
73rd survey
(Mar 2018)
74th survey
(Jun 2018)
Have become better off (A) 7.3 6.5 6.1 7.1
Difficult to say 53.0 52.4 51.8 51.7
Have become worse off (B) 39.2 40.2 41.4 40.2
D.I. (A) minus (B) -31.9 -33.7 -35.3 -33.1
Perception of the Present Price Levels Compared with One Year AgoPercent
71st survey
(Sep 2017)
72nd survey
(Dec 2017)
73rd survey
(Mar 2018)
74th survey
(Jun 2018)
Have gone up significantly 7.8 7.6 14.8 10.9
Have gone up slightly 55.4 59.5 58.7 58.9
Have remained almost unchanged 33.1 30.0 23.7 26.9
Have gone down slightly 2.8 2.2 1.8 2.3
Have gone down significantly 0.3 0.1 0.4 0.5
Outlook for Price Levels One Year from NowPercent
71st survey
(Sep 2017)
72nd survey
(Dec 2017)
73rd survey
(Mar 2018)
74th survey
(Jun 2018)
Will go up significantly 6.2 8.4 6.9 8.3
Will go up slightly 64.2 67.2 67.0 69.1
Will remain almost unchanged 26.7 21.6 22.8 20.3
Will go down slightly 1.7 1.8 2.5 1.5
Will go down significantly 0.2 0.1 0.0 0.2
One of the Bank's Objectives Is to Achieve Price StabilityPercent
71st survey
(Sep 2017)
72nd survey
(Dec 2017)
73rd survey
(Mar 2018)
74th survey
(Jun 2018)
Know about it - 30.5 - 31.4
Have read or heard of it, but do not know much about it - 46.0 - 43.9
Have never heard of it - 23.3 - 24.4
The Bank Has Set the Price Stability Target at 2 Percent in terms of the Year-on-Year Rate of Change in the CPI Percent
71st survey
(Sep 2017)
72nd survey
(Dec 2017)
73rd survey
(Mar 2018)
74th survey
(Jun 2018)
Know about it 26.7 27.3 29.0 27.1
Have read or heard of it, but do not know much about it 35.7 33.0 36.4 32.0
Have never heard of it 36.7 39.4 33.6 40.8
The Bank Has Been Implementing Aggressive Monetary Easing Measures to Achieve the Price Stability Target of 2 Percent Percent
71st survey
(Sep 2017)
72nd survey
(Dec 2017)
73rd survey
(Mar 2018)
74th survey
(Jun 2018)
Know about it 28.1 41.0 29.3 39.1
Have read or heard of it, but do not know much about it 38.4 36.6 39.9 37.7
Have never heard of it 32.1 22.1 29.5 23.0
The Bank Has Been Conducting "Quantitative and Qualitative Monetary Easing (QQE) with Yield Curve Control" Percent
71st survey
(Sep 2017)
72nd survey
(Dec 2017)
73rd survey
(Mar 2018)
74th survey
(Jun 2018)
Know about it 16.5 22.3 16.3 21.0
Have read or heard of it, but do not know much about it 33.1 36.3 34.7 35.2
Have never heard of it 49.1 40.8 47.8 43.5
Confidence in the BankPercent
71st survey
(Sep 2017)
72nd survey
(Dec 2017)
73rd survey
(Mar 2018)
74th survey
(Jun 2018)
Confident - 13.0 - 13.4
Somewhat confident - 29.7 - 29.5
Difficult to say - 46.6 - 46.7
Not particularly confident - 7.6 - 6.9
Not confident - 2.6 - 2.7

Inquiries

Planning and Analysis Group, Public Relations Department

E-mail : prdmail@boj.or.jp