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Results of the 91st Opinion Survey on the General Public's Views and Behavior (September 2022 Survey)

October 13, 2022
Public Relations Department
Bank of Japan

Survey Outline

  • Survey period : From August 5 to September 1, 2022.
  • Population of the Survey : Individuals living in Japan who are at least 20 years of age.
  • Sample size : 4,000 people (2,009 people [i.e., 50.2 percent of the overall sample size] provided valid responses to questions).
  • Sampling method : Stratified two-stage random sampling method.
  • Survey methodology : Mail survey method (responses collected by mail or via the internet).
Impression of Present Economic Conditions Compared with One Year AgoPercent, percentage points
88th survey
(Dec 2021)		 89th survey
(Mar 2022)		 90th survey
(Jun 2022)		 91st survey
(Sep 2022)
Have improved (A) 5.2 3.6 5.3 4.8
Have remained the same 43.2 38.3 38.2 31.4
Have worsened (B) 51.0 57.4 56.0 63.2
D.I. (A) minus (B) -45.8 -53.8 -50.7 -58.4
Outlook for Economic Conditions One Year from NowPercent, percentage points
88th survey
(Dec 2021)		 89th survey
(Mar 2022)		 90th survey
(Jun 2022)		 91st survey
(Sep 2022)
Will improve (A) 26.0 15.6 13.5 10.5
Will remain the same 52.5 50.8 43.8 46.0
Will worsen (B) 21.0 32.7 42.2 42.9
D.I. (A) minus (B) 5.0 -17.1 -28.7 -32.4
Impression of Present Household Circumstances Compared with One Year AgoPercent, percentage points
88th survey
(Dec 2021)		 89th survey
(Mar 2022)		 90th survey
(Jun 2022)		 91st survey
(Sep 2022)
Have become better off (A) 5.8 4.8 3.7 4.0
Difficult to say 53.4 52.8 52.3 44.4
Have become worse off (B) 40.0 41.7 43.2 50.7
D.I. (A) minus (B) -34.2 -36.9 -39.5 -46.7
Perception of the Present Price Levels Compared with One Year AgoPercent
88th survey
(Dec 2021)		 89th survey
(Mar 2022)		 90th survey
(Jun 2022)		 91st survey
(Sep 2022)
Have gone up significantly 16.6 22.4 30.6 46.4
Have gone up slightly 60.8 58.8 58.4 45.4
Have remained almost unchanged 19.7 15.6 7.9 5.9
Have gone down slightly 1.5 1.3 0.5 0.5
Have gone down significantly 0.5 0.6 0.7 0.4
Outlook for Price Levels One Year from NowPercent
88th survey
(Dec 2021)		 89th survey
(Mar 2022)		 90th survey
(Jun 2022)		 91st survey
(Sep 2022)
Will go up significantly 13.4 20.4 29.4 28.9
Will go up slightly 65.4 63.9 57.7 56.8
Will remain almost unchanged 17.4 12.4 9.7 11.0
Will go down slightly 2.8 1.8 1.1 1.8
Will go down significantly 0.1 0.3 0.4 0.4
One of the Bank's Objectives Is to Achieve Price StabilityPercent
88th survey
(Dec 2021)		 89th survey
(Mar 2022)		 90th survey
(Jun 2022)		 91st survey
(Sep 2022)
Know about it 28.8 - 30.5 -
Have read or heard of it, but do not know much about it 46.1 - 44.3 -
Have never heard of it 24.8 - 24.9 -
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
88th survey
(Dec 2021)		 89th survey
(Mar 2022)		 90th survey
(Jun 2022)		 91st survey
(Sep 2022)
Know about it 21.3 19.8 22.4 24.9
Have read or heard of it, but do not know much about it 29.3 31.8 32.5 29.3
Have never heard of it 49.1 47.5 44.7 44.9
The Bank Has Been Implementing Aggressive Monetary Easing Measures to Achieve the Price Stability Target of 2 Percent Percent
88th survey
(Dec 2021)		 89th survey
(Mar 2022)		 90th survey
(Jun 2022)		 91st survey
(Sep 2022)
Know about it 34.3 22.1 33.9 28.7
Have read or heard of it, but do not know much about it 39.7 35.4 42.0 34.2
Have never heard of it 25.7 41.4 23.7 36.2
The Bank Has Been Conducting "Quantitative and Qualitative Monetary Easing (QQE) with Yield Curve Control" Percent
88th survey
(Dec 2021)		 89th survey
(Mar 2022)		 90th survey
(Jun 2022)		 91st survey
(Sep 2022)
Know about it 18.3 13.9 20.1 16.7
Have read or heard of it, but do not know much about it 34.5 27.7 35.6 29.2
Have never heard of it 46.7 57.1 43.9 53.3
Confidence in the BankPercent
88th survey
(Dec 2021)		 89th survey
(Mar 2022)		 90th survey
(Jun 2022)		 91st survey
(Sep 2022)
Confident 12.7 - 13.7 -
Somewhat confident 32.0 - 31.7 -
Difficult to say 46.8 - 44.9 -
Not particularly confident 5.2 - 5.8 -
Not confident 2.3 - 3.2 -

Inquiries

Planning and Analysis Group, Public Relations Department

E-mail : prdmail(at)boj.or.jp
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