Japan: Consumer confidence deteriorates but remains in positive territory in September
September 30, 2022
Consumer confidence fell to 30.8 in September from August's 32.5. Consequently, the index remained entrenched below the 50-threshold, indicating that consumers were pessimistic.
The headline print reflected deteriorations in all subcomponents of the consumer confidence index. Consumers became more pessimistic over the next 12 months regarding their overall livelihood, income growth, employment and willingness to buy durable goods.