In March, the seasonally adjusted consumer confidence index grew to 40.3 points from 39.9 points in February (previously reported: 39.5 points). The print overshot market expectations that had consumer confidence rising to only 40.0 points and marked, in fact, the highest level since February 2011. The consumer confidence index measures consumer expectations over the next six months, with a value of 100 points indicating that all respondents see their living standards improving. The monthly improvement was broad-based, as all main sub-components that compose the index recorded advances over the previous month. In particular, job conditions grew markedly as unemployment fell in February. Moreover, sustained gains were seen in the income growth and the overall livelihood categories. Meanwhile, the willingness to buy durable goods recorded a softer increase. Owing to the improvement registered in March, the Cabinet Office maintained its assessment that "consumer confidence continues to recover."
Japan Consumer Confidence
Consumer confidence reaches highest level in over a year
April 17, 2012
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Japan Economic News
October 24, 2016
The Nikkei Flash Manufacturing Purchasing Managers’ Index (PMI) rose from September’s revised 50.4 (previously reported: 50.3) to 51.7 in October.
October 24, 2016
In September, nominal exports valued in yen declined 6.9% from the same month last year, which followed August’s 9.6% decline.
October 12, 2016
Core machinery orders (a leading indicator of capital spending over a three- to six-month period) declined for the first time in three months in August.
October 4, 2016
Consumer sentiment rose from August’s 42.0 to 43.0 in September.
October 3, 2016
According to the Bank of Japan’s quarterly TANKAN business survey, sentiment among large manufacturers was stable at 6 in Q3.