Feels a little cherry picking details from the charts. E.g., not too sure if inflation expectations chart conclusively says japanese expectations of inflation is rising. Although the those who think inflation will rise significantly has tripled, the large majority (thinking that inflation will increase slightly - green bar) remained largely unchanged. The grey bar also almost doubled from Q3 2023. I would think the expectations actually didn't change much.
Hi @animacroix, thank you very much for taking the time to leave a comment and explaining your thoughts. While you are correct in noting that the number of respondents predicting significant price increases one year from now has declined from 2023Q3 to 2023Q4, the primary focus of the chart is to highlight the substantial shifts in Japanese expectations regarding price levels one year ahead over the years. Including more years of data would overly clutter the chart. As noted, the percentage of respondents anticipating significant price increases one year from now has risen sharply from 5.8% to 23%, while expectations for slight price increases have remained relatively stable. This shift is primarily driven by changes in responses indicating that prices will either remain unchanged or decrease, including a halving in respondents predicting price decreases and a complete absence of those anticipating significant price decreases. For added context, it's worth mentioning that the proportion of respondents foreseeing significant price increases has not surpassed 20% in the past 13 years before 2022 Q1. For the full-length market review, you can visit this link: providend.com/an-impressive-q1-for-stocks-insights-into-japans-equity-landscape-market-review-march-2024/ We hope this answer is useful in our discussion and feel free to let us know if you have further questions. Meanwhile, have a restful day ahead! - Choon Siong, Research Analyst
the box is so big the fonts so small. how to see.....
Dear Minority2007, thank you very much for your feedback and we have noted this for future presentations in videos. Have a lovely rest of day ahead!
Feels a little cherry picking details from the charts. E.g., not too sure if inflation expectations chart conclusively says japanese expectations of inflation is rising. Although the those who think inflation will rise significantly has tripled, the large majority (thinking that inflation will increase slightly - green bar) remained largely unchanged. The grey bar also almost doubled from Q3 2023. I would think the expectations actually didn't change much.
Hi @animacroix, thank you very much for taking the time to leave a comment and explaining your thoughts.
While you are correct in noting that the number of respondents predicting significant price increases one year from now has declined from 2023Q3 to 2023Q4, the primary focus of the chart is to highlight the substantial shifts in Japanese expectations regarding price levels one year ahead over the years. Including more years of data would overly clutter the chart.
As noted, the percentage of respondents anticipating significant price increases one year from now has risen sharply from 5.8% to 23%, while expectations for slight price increases have remained relatively stable. This shift is primarily driven by changes in responses indicating that prices will either remain unchanged or decrease, including a halving in respondents predicting price decreases and a complete absence of those anticipating significant price decreases.
For added context, it's worth mentioning that the proportion of respondents foreseeing significant price increases has not surpassed 20% in the past 13 years before 2022 Q1.
For the full-length market review, you can visit this link: providend.com/an-impressive-q1-for-stocks-insights-into-japans-equity-landscape-market-review-march-2024/
We hope this answer is useful in our discussion and feel free to let us know if you have further questions. Meanwhile, have a restful day ahead! - Choon Siong, Research Analyst
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