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Results of the 82nd Opinion Survey on the General Public's Views and Behavior (June 2020 Survey)

July 7, 2020
Public Relations Department
Bank of Japan

Full Text [PDF 1,081KB]

Survey Outline

Survey period : From May 8 to June 3, 2020.
Population of the Survey : Individuals living in Japan who are at least 20 years of age.
Sample size : 4,000 people (2,423 people [i.e., 60.6 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 Ago Percent, percentage points
	79th survey (Sep 2019)	80th survey (Dec 2019)	81st survey (Mar 2020)	82nd survey (Jun 2020)
Have improved (A)	3.2	3.2	3.3	0.9
Have remained the same	67.3	62.7	56.0	26.0
Have worsened (B)	29.2	33.0	39.6	72.1
D.I. (A) minus (B)	-26.0	-29.8	-36.3	-71.2

Outlook for Economic Conditions One Year from Now Percent, percentage points
	79th survey (Sep 2019)	80th survey (Dec 2019)	81st survey (Mar 2020)	82nd survey (Jun 2020)
Will improve (A)	6.1	6.5	5.8	19.3
Will remain the same	45.6	53.3	45.4	32.9
Will worsen (B)	47.8	39.1	48.0	47.0
D.I. (A) minus (B)	-41.7	-32.6	-42.2	-27.7

Impression of Present Household Circumstances Compared with One Year Ago Percent, percentage points
	79th survey (Sep 2019)	80th survey (Dec 2019)	81st survey (Mar 2020)	82nd survey (Jun 2020)
Have become better off (A)	6.8	5.6	6.1	5.0
Difficult to say	49.8	51.4	50.8	51.3
Have become worse off (B)	43.0	41.7	42.2	42.6
D.I. (A) minus (B)	-36.2	-36.1	-36.1	-37.6

Perception of the Present Price Levels Compared with One Year Ago Percent
	79th survey (Sep 2019)	80th survey (Dec 2019)	81st survey (Mar 2020)	82nd survey (Jun 2020)
Have gone up significantly	9.4	8.4	10.8	10.8
Have gone up slightly	61.1	56.1	53.2	52.1
Have remained almost unchanged	27.3	31.8	32.4	32.4
Have gone down slightly	1.3	1.9	2.1	2.5
Have gone down significantly	0.2	0.2	0.3	0.3

Outlook for Price Levels One Year from Now Percent
	79th survey (Sep 2019)	80th survey (Dec 2019)	81st survey (Mar 2020)	82nd survey (Jun 2020)
Will go up significantly	11.7	7.7	6.1	9.7
Will go up slightly	68.1	65.6	62.3	57.0
Will remain almost unchanged	17.2	23.0	26.6	23.0
Will go down slightly	2.3	2.2	3.5	7.6
Will go down significantly	0.4	0.1	0.5	1.1

One of the Bank's Objectives Is to Achieve Price Stability Percent
	79th survey (Sep 2019)	80th survey (Dec 2019)	81st survey (Mar 2020)	82nd survey (Jun 2020)
Know about it	-	29.6	-	27.8
Have read or heard of it, but do not know much about it	-	43.2	-	46.4
Have never heard of it	-	26.4	-	25.2

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
	79th survey (Sep 2019)	80th survey (Dec 2019)	81st survey (Mar 2020)	82nd survey (Jun 2020)
Know about it	22.7	23.9	20.7	19.5
Have read or heard of it, but do not know much about it	37.8	28.8	35.6	31.0
Have never heard of it	39.2	46.4	42.9	48.9

The Bank Has Been Implementing Aggressive Monetary Easing Measures to Achieve the Price Stability Target of 2 Percent Percent
	79th survey (Sep 2019)	80th survey (Dec 2019)	81st survey (Mar 2020)	82nd survey (Jun 2020)
Know about it	24.2	34.6	22.9	35.3
Have read or heard of it, but do not know much about it	38.1	37.3	37.6	39.8
Have never heard of it	37.0	27.1	38.3	24.2

The Bank Has Been Conducting "Quantitative and Qualitative Monetary Easing (QQE) with Yield Curve Control" Percent
	79th survey (Sep 2019)	80th survey (Dec 2019)	81st survey (Mar 2020)	82nd survey (Jun 2020)
Know about it	14.5	18.5	14.2	19.1
Have read or heard of it, but do not know much about it	31.0	34.2	30.4	35.6
Have never heard of it	53.9	46.4	54.1	44.5

Confidence in the Bank Percent
	79th survey (Sep 2019)	80th survey (Dec 2019)	81st survey (Mar 2020)	82nd survey (Jun 2020)
Confident	-	12.7	-	13.7
Somewhat confident	-	30.8	-	28.5
Difficult to say	-	46.4	-	47.3
Not particularly confident	-	6.0	-	6.9
Not confident	-	2.7	-	2.1

Inquiries

Planning and Analysis Group, Public Relations Department

E-mail : prdmail@boj.or.jp