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Results of the 105th Opinion Survey on the General Public's Views and Behavior (March 2026 Survey)

April 20, 2026
Public Relations Department
Bank of Japan

Survey Outline

  • Survey period : From February 4 to March 9, 2026.
  • Population of the Survey : Individuals living in Japan who are at least 20 years of age.
  • Sample size : 4,000 people (2,030 people [i.e., 50.8 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
102nd survey
(Jun 2025)		 103rd survey
(Sep 2025)		 104th survey
(Dec 2025)		 105th survey
(Mar 2026)
Have improved (A) 3.5 3.8 5.4 6.3
Have remained the same 25.4 33.5 38.5 41.2
Have worsened (B) 70.5 62.5 55.8 51.8
D.I. (A) minus (B) -67.0 -58.7 -50.4 -45.5
Outlook for Economic Conditions One Year from NowPercent, percentage points
102nd survey
(Jun 2025)		 103rd survey
(Sep 2025)		 104th survey
(Dec 2025)		 105th survey
(Mar 2026)
Will improve (A) 4.5 5.5 13.8 14.3
Will remain the same 46.5 48.4 53.4 52.5
Will worsen (B) 48.4 45.7 32.1 32.8
D.I. (A) minus (B) -43.9 -40.2 -18.3 -18.5
Impression of Present Household Circumstances Compared with One Year AgoPercent, percentage points
102nd survey
(Jun 2025)		 103rd survey
(Sep 2025)		 104th survey
(Dec 2025)		 105th survey
(Mar 2026)
Have become better off (A) 3.8 4.5 5.0 5.8
Difficult to say 34.3 38.6 37.0 40.1
Have become worse off (B) 61.0 56.1 57.2 53.4
D.I. (A) minus (B) -57.2 -51.6 -52.2 -47.6
Perception of the Present Price Levels Compared with One Year AgoPercent
102nd survey
(Jun 2025)		 103rd survey
(Sep 2025)		 104th survey
(Dec 2025)		 105th survey
(Mar 2026)
Have gone up significantly 75.3 69.4 70.0 68.3
Have gone up slightly 20.8 25.4 25.2 26.7
Have been almost unchanged 1.7 3.0 2.8 3.2
Have gone down slightly 0.5 0.6 0.7 0.6
Have gone down significantly 1.0 0.5 0.5 0.4
Outlook for Price Levels One Year from NowPercent
102nd survey
(Jun 2025)		 103rd survey
(Sep 2025)		 104th survey
(Dec 2025)		 105th survey
(Mar 2026)
Will go up significantly 33.4 32.1 28.2 29.2
Will go up slightly 51.7 55.9 57.8 54.5
Will be almost unchanged 11.8 9.3 11.1 12.4
Will go down slightly 1.7 1.2 1.9 2.7
Will go down significantly 0.3 0.4 0.1 0.3
One of the Bank's Objectives Is to Achieve Price StabilityPercent
102nd survey
(Jun 2025)		 103rd survey
(Sep 2025)		 104th survey
(Dec 2025)		 105th survey
(Mar 2026)
Know about it 26.2 28.1 26.2 27.1
Have read or heard of it, but do not know much about it 46.8 37.7 49.7 38.7
Have never heard of it 26.3 33.4 23.7 33.4
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
102nd survey
(Jun 2025)		 103rd survey
(Sep 2025)		 104th survey
(Dec 2025)		 105th survey
(Mar 2026)
Know about it 21.7 21.5 20.6 21.3
Have read or heard of it, but do not know much about it 32.6 28.6 35.9 29.3
Have never heard of it 45.2 49.2 43.1 48.5
Confidence in the BankPercent
102nd survey
(Jun 2025)		 103rd survey
(Sep 2025)		 104th survey
(Dec 2025)		 105th survey
(Mar 2026)
Confident 12.2 15.7 13.5 17.3
Somewhat confident 29.1 31.5 32.3 34.0
Difficult to say 47.6 41.6 45.7 37.1
Not particularly confident 6.3 5.1 4.9 5.9
Not confident 3.9 5.1 3.0 4.7

Inquiries

Public Relations Department

E-mail : post.prd71(at)boj.or.jp
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