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Results of the 86th Opinion Survey on the General Public's Views and Behavior (June 2021 Survey)

July 8, 2021
Public Relations Department
Bank of Japan

Full Text [PDF 998KB]

Survey Outline

Survey period : From May 7 to June 2, 2021.
Population of the Survey : Individuals living in Japan who are at least 20 years of age.
Sample size : 4,000 people (2,321 people [i.e., 58.0 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 Ago Percent, percentage points
	83rd survey (Sep 2020)	84th survey (Dec 2020)	85th survey (Mar 2021)	86th survey (Jun 2021)
Have improved (A)	0.6	1.1	1.0	2.2
Have remained the same	22.4	27.2	27.6	33.4
Have worsened (B)	76.2	71.3	70.4	63.8
D.I. (A) minus (B)	-75.6	-70.2	-69.4	-61.6

Outlook for Economic Conditions One Year from Now Percent, percentage points
	83rd survey (Sep 2020)	84th survey (Dec 2020)	85th survey (Mar 2021)	86th survey (Jun 2021)
Will improve (A)	14.3	14.4	23.1	20.4
Will remain the same	43.5	47.7	44.3	43.6
Will worsen (B)	40.9	37.5	31.6	35.3
D.I. (A) minus (B)	-26.6	-23.1	-8.5	-14.9

Impression of Present Household Circumstances Compared with One Year Ago Percent, percentage points
	83rd survey (Sep 2020)	84th survey (Dec 2020)	85th survey (Mar 2021)	86th survey (Jun 2021)
Have become better off (A)	5.5	4.2	6.3	5.3
Difficult to say	54.9	56.7	55.0	56.4
Have become worse off (B)	38.8	38.1	38.0	37.3
D.I. (A) minus (B)	-33.3	-33.9	-31.7	-32.0

Perception of the Present Price Levels Compared with One Year Ago Percent
	83rd survey (Sep 2020)	84th survey (Dec 2020)	85th survey (Mar 2021)	86th survey (Jun 2021)
Have gone up significantly	10.1	9.2	5.2	6.6
Have gone up slightly	55.8	51.3	43.9	49.8
Have remained almost unchanged	29.2	34.6	44.3	38.0
Have gone down slightly	2.5	3.9	5.0	3.8
Have gone down significantly	0.4	0.2	0.6	0.3

Outlook for Price Levels One Year from Now Percent
	83rd survey (Sep 2020)	84th survey (Dec 2020)	85th survey (Mar 2021)	86th survey (Jun 2021)
Will go up significantly	8.5	6.3	5.8	7.7
Will go up slightly	54.8	53.7	56.6	59.1
Will remain almost unchanged	28.7	31.2	30.6	27.2
Will go down slightly	5.9	7.2	5.8	4.0
Will go down significantly	0.7	0.4	0.3	0.3

One of the Bank's Objectives Is to Achieve Price Stability Percent
	83rd survey (Sep 2020)	84th survey (Dec 2020)	85th survey (Mar 2021)	86th survey (Jun 2021)
Know about it	-	27.6	-	29.8
Have read or heard of it, but do not know much about it	-	43.9	-	44.0
Have never heard of it	-	28.1	-	25.8

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
	83rd survey (Sep 2020)	84th survey (Dec 2020)	85th survey (Mar 2021)	86th survey (Jun 2021)
Know about it	18.9	20.2	18.1	21.7
Have read or heard of it, but do not know much about it	37.3	30.9	29.3	31.0
Have never heard of it	42.8	48.4	51.6	46.9

The Bank Has Been Implementing Aggressive Monetary Easing Measures to Achieve the Price Stability Target of 2 Percent Percent
	83rd survey (Sep 2020)	84th survey (Dec 2020)	85th survey (Mar 2021)	86th survey (Jun 2021)
Know about it	24.4	34.8	23.0	35.8
Have read or heard of it, but do not know much about it	39.6	38.7	33.2	38.2
Have never heard of it	35.0	26.1	42.7	25.4

The Bank Has Been Conducting "Quantitative and Qualitative Monetary Easing (QQE) with Yield Curve Control" Percent
	83rd survey (Sep 2020)	84th survey (Dec 2020)	85th survey (Mar 2021)	86th survey (Jun 2021)
Know about it	14.3	17.6	13.8	19.2
Have read or heard of it, but do not know much about it	34.2	34.7	25.5	33.9
Have never heard of it	50.7	47.1	59.4	46.4

Confidence in the Bank Percent
	83rd survey (Sep 2020)	84th survey (Dec 2020)	85th survey (Mar 2021)	86th survey (Jun 2021)
Confident	-	14.7	-	13.4
Somewhat confident	-	30.2	-	30.8
Difficult to say	-	46.9	-	46.7
Not particularly confident	-	5.3	-	6.1
Not confident	-	2.0	-	2.2

Inquiries

Planning and Analysis Group, Public Relations Department

E-mail : prdmail@boj.or.jp