Consumer confidence plunged in March, reflecting the ongoing fallout from the devastating earthquake, tsunami und nuclear crisis, even beyond the directly-affected areas. The survey, which was conducted on 15 March, showed the overall index dropped from 41.2 points in February to 38.6 points, which represents the most severe monthly decline since September 2005. A reading below 50 points indicates that pessimists outnumber optimists. The significant drop in household confidence was broad-based, as all the main categories recorded losses. In particular the overall livelihood component declined 2.6 points to 38.7 points while the willingness to buy durable goods component retreated from 42.6 points to 38.8 points. These readings add greater weight to the notion that the economy will contract in the first half of the year.
Japan Consumer Confidence
Consumer sentiment dives in the aftermath of the quake
April 29, 2011
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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.