Czech Republic Retail Sales (YoY) increased to 5.1% in September from previous 3.3%

The Cabinet Office survey of Japan published in mid-October showed weaker inflation expectations among households. According to the survey, with data broken down by Nomura’s Strategist Yujiro Goto, only 80% of households expect prices to increase over the next 12 months, a dip from September’s 85% in September. Estimated inflation expectations slowed to 2.49% in October from 2.73% in September. October’s inflation expectations are the lowest since at least April 2013. At the same time Inflation expectations among bond investors also declined in October. The Bank of Japan said medium- to long-term inflation expectations appeared to rise on the whole from a longer-term perspective, and the slowdown in inflation expectations may not lead to its policy BOJ easing.