Most firms see Japan missing BoJ's price goal

TOKYO: Nearly 90% of Japanese firms expect consumer inflation to fall short of the central bank's 2% goal in the next fiscal year, a Reuters survey showed on Friday, adding weight to the argument of many analysts who say the target is too ambitious.

Seeking to help Japan escape 15 years of grinding deflation, the Bank of Japan offered an intense burst of monetary stimulus in April, pledging to double the supply of money to the achieve the 2% goal.