The sales price DI is calculated by subtracting the percentage share of firms responding that their sales prices are “falling” from the share of those indicating that the prices are “rising.” Chart 4 indicates that a few sectors are positioned in the first quadrant (positive territory for both the actual sales price DI and projected domestic sales).
Developments in sectors such as (1) food and (2) accommodations, eating & drinking services are worthy of note. The sales price DI in these sectors used to be negative to a relatively large degree or showed greater responses with “fall” than those with “rise” before QQE was launched.