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The Bank of Japan (BoJ) released its Inflation Outlook of Enterprises on Monday. 3-year inflation expectations fell to 1.1% in the first quarter from 1.3% in the fourth quarter.
5-year inflation expectations declined to 1.2% in the first quarter from 1.4% in the fourth quarter.
One-year inflation expectations decreased to 0.8% in the first quarter from 1.0% in the fourth quarter.
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