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Results of the 97th Opinion Survey on the General Public's Views and Behavior (March 2024 Survey)

April 12, 2024
Public Relations Department
Bank of Japan

Survey Outline

  • Survey period : From February 8 to March 5, 2024.
  • Population of the Survey : Individuals living in Japan who are at least 20 years of age.
    (This round of the survey was not conducted in Ishikawa Prefecture, given the effects of the 2024 Noto Peninsula Earthquake.)
  • Sample size : 3,970 people (1,999 people [i.e., 50.4 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
94th survey
(Jun 2023)		 95th survey
(Sep 2023)		 96th survey
(Dec 2023)		 97th survey
(Mar 2024)
Have improved (A) 13.7 12.5 9.3 10.7
Have remained the same 36.3 31.9 31.2 42.0
Have worsened (B) 49.6 55.0 58.9 46.8
D.I. (A) minus (B) -35.9 -42.5 -49.6 -36.1
Outlook for Economic Conditions One Year from NowPercent, percentage points
94th survey
(Jun 2023)		 95th survey
(Sep 2023)		 96th survey
(Dec 2023)		 97th survey
(Mar 2024)
Will improve (A) 16.6 10.5 8.4 13.6
Will remain the same 50.5 48.2 52.5 55.0
Will worsen (B) 32.4 40.6 38.5 30.8
D.I. (A) minus (B) -15.8 -30.1 -30.1 -17.2
Impression of Present Household Circumstances Compared with One Year AgoPercent, percentage points
94th survey
(Jun 2023)		 95th survey
(Sep 2023)		 96th survey
(Dec 2023)		 97th survey
(Mar 2024)
Have become better off (A) 4.1 3.1 4.1 5.3
Difficult to say 38.3 38.6 38.9 44.3
Have become worse off (B) 56.8 57.4 56.2 49.5
D.I. (A) minus (B) -52.7 -54.3 -52.1 -44.2
Perception of the Present Price Levels Compared with One Year AgoPercent
94th survey
(Jun 2023)		 95th survey
(Sep 2023)		 96th survey
(Dec 2023)		 97th survey
(Mar 2024)
Have gone up significantly 66.3 68.4 65.6 62.0
Have gone up slightly 29.2 27.1 29.4 32.4
Have been almost unchanged 2.1 3.0 3.2 3.4
Have gone down slightly 0.5 0.3 0.7 0.6
Have gone down significantly 0.5 0.3 0.3 0.3
Outlook for Price Levels One Year from NowPercent
94th survey
(Jun 2023)		 95th survey
(Sep 2023)		 96th survey
(Dec 2023)		 97th survey
(Mar 2024)
Will go up significantly 28.2 31.6 23.0 24.3
Will go up slightly 58.1 55.2 56.3 59.0
Will be almost unchanged 10.5 9.9 17.1 14.0
Will go down slightly 1.8 1.9 2.4 1.5
Will go down significantly 0.1 0.2 0.0 0.2
One of the Bank's Objectives Is to Achieve Price StabilityPercent
94th survey
(Jun 2023)		 95th survey
(Sep 2023)		 96th survey
(Dec 2023)		 97th survey
(Mar 2024)
Know about it 31.4 - 29.2 -
Have read or heard of it, but do not know much about it 45.1 - 45.9 -
Have never heard of it 23.2 - 24.2 -
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
94th survey
(Jun 2023)		 95th survey
(Sep 2023)		 96th survey
(Dec 2023)		 97th survey
(Mar 2024)
Know about it 26.0 26.1 24.2 25.1
Have read or heard of it, but do not know much about it 32.6 30.5 34.8 30.5
Have never heard of it 41.2 42.3 40.4 43.1
Confidence in the BankPercent
94th survey
(Jun 2023)		 95th survey
(Sep 2023)		 96th survey
(Dec 2023)		 97th survey
(Mar 2024)
Confident 11.1 - 12.7 -
Somewhat confident 32.2 - 28.5 -
Difficult to say 45.4 - 47.8 -
Not particularly confident 7.4 - 6.8 -
Not confident 3.2 - 3.2 -

Inquiries

Planning and Analysis Group, Public Relations Department

E-mail : prdmail(at)boj.or.jp
*Please change (at) to @.