Social financial strains rising: BOJ

JIJI

More people find daily living harder than a year ago due mainly to recent price rises, a Bank of Japan poll showed Wednesday.

The diffusion index on perceived living conditions came to minus 36.9 in the September survey, down 2.6 points from the previous survey in June and logging the first setback in three quarters. Among factors pressuring daily lives, price rises were cited by 47.5 percent of the respondents, up from 33.7 percent.

Also, 83.0 percent, up from 80.2 percent, expect prices to rise in the next 12 months, and 31.2 percent, down from 34.8 percent, worry about their employment conditions in a year’s time.