In November, the seasonally adjusted consumer confidence index declined to 38.1 points from 38.6 points in October. 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 deterioration was broad-based, as most of the components recorded losses. In particular, consumers were more pessimistic on job conditions (-1.0 points), given the October rise in unemployment. The overall livelihood category (-0.7 points) and the income growth index (-0.4 points) also weakened compared to the previous month, although the willingness to buy durable goods (+0.1 points) rose for the third consecutive month. Meanwhile, the Cabinet Office downgraded its assessment on consumer confidence, saying that it is "roughly flat." It had previously stated that the recovery in consumer sentiment was becoming "moderate."
Japan Consumer Confidence
Consumer confidence drops for first time since April
December 12, 2011
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.