Consumer confidence continued to slide in November, suggesting that household consumption will weaken in the months ahead, despite resilient growth data tallied in the third quarter. In November, the Cabinet Office's index of household sentiment dropped for the fifth consecutive month, inching down to 40.4 points from 40.9 points in October. An index value below 50 indicates that consumer sentiment is pessimistic. The fall in consumer sentiment seized all four main categories comprising the index. In particular, a significant drop in the employment situation component was observed, falling back to the same level observed in March. Meanwhile, unemployment rose from 5.0% in September to 5.1%, in October.
Japan Consumer Confidence
Consumer sentiment continues to weaken in November
December 10, 2010
Looking for forecasts related to Consumer Confidence in Japan? Download a sample report now.
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.