BOJ Tankan Survey: Prices to rise an annual 1% three years from now

The second part of the Bank of Japan (BOJ) tankan survey released today showed the inflation expectations remained unchanged. 

The consumer prices are seen rising at an annual 1% rate three years from now and 1.1% five years from now. Japan Finance Minister Taro Aso, while commenting n Tankan results, said the survey shows corporate caution, but overall improvement.