In April, the seasonally adjusted consumer confidence index declined to 40.0 points from 40.3 points in March and marked, in fact, the first drop in 12 months. The print contrasted market expectations that had consumer confidence rising to 40.8 points. 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 deterioration was broad-based, as three out of the four main sub-components recorded losses over the previous month. In particular, the overall livelihood category dropped markedly, while the willingness to buy durable goods and job conditions recorded softer declines. On the other hand, the income growth category improved. Despite the deterioration registered in April, the Cabinet Office maintained its assessment that "consumer sentiment is on a recovery trend."
Japan Consumer Confidence
Consumer confidence slightly down in April
May 15, 2012
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Japan Consumer Confidence Chart
Note: Index of consumer sentiment. The 50-point threshold represents the point above which consumers expect economic conditions to improve.
Source: Cabinet Office (CO).
Japan Economic News
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.
September 30, 2016
In August, the core consumer price index was flat compared to the previous month, which was above the 0.2% decline in July.
September 30, 2016
In August, industrial production expanded 1.5% over the previous month in seasonally-adjusted terms, which contrasted July’s 0.4% decrease (previously reported: 0.0% month-on-month).