Japan Consumer Confidence

Japan

Japan: Consumer confidence broadly stable in May

June 9, 2015

Consumer sentiment fell slightly from the 41.5 recorded in April to 41.4 in May. The print was below the 41.9 that analysts had expected and represented a 3-month low. The consumer confidence index measures consumers’ expectations for the next six months on a scale of 0–100, where 100 indicates that all respondents see their living standards improving.

May’s result reflected a sharp deterioration in job conditions and a slightly downgrade in consumers’ willingness to buy durable goods. On the other hand, the overall livelihood and the income growth categories recorded increases. As a result, the government slightly downgraded its basic assessment of consumer confidence, stating that the pace of a pickup in consumer confidence is “becoming moderate.” In April, the government said consumer sentiment was “picking up.”

FocusEconomics Consensus Forecast panelists expect private consumption to rise 0.3% in 2015, which is unchanged from last month’s forecast. In 2016, the panel sees private consumption growing 1.3%.


Author: Ricard Torné, Lead Economist

Sample Report

Looking for forecasts related to Consumer Confidence in Japan? Download a sample report now.

Download

Japan Consumer Confidence Chart


Japan Consumer Confidence May 2015

Note: Index of consumer sentiment. The 50-threshold represents the point above which consumers expect economic conditions to improve.
Source: Cabinet Office (CO).


Japan Economic News

  • Japan: Core inflation inches up in June

    July 20, 2018

    The core consumer price index rose 0.1% in month-on-month seasonally-adjusted terms in June, up from May’s flat reading. Core inflation was up a notch to 0.8% in June from 0.7% in May, which was in line with market expectations.

    Read more

  • Japan: Machinery orders decline in May

    July 11, 2018

    Although core machinery orders—a leading indicator of capital spending over a three- to six-month period—contracted in May, the fall was weaker-than-expected, suggesting that capital expenditure will gain steam further down the road.

    Read more

  • Japan: Business confidence weakens in Q2

    July 2, 2018

    According to the Bank of Japan’s quarterly Tankan business survey, sentiment among large manufacturers fell in the second quarter of 2018, suggesting economic momentum has yet to gain traction following a weak first quarter.

    Read more

  • Japan: Consumer confidence declines marginally in June

    June 29, 2018

    Consumer sentiment inched down to 43.7 in June from 43.8 in May, coming in just below market expectations of a stable print.

    Read more

  • Japan: Industrial production falls in May

    June 29, 2018

    Industrial production contracted 0.2% on a month-on-month and seasonally-adjusted basis in May, contrasting April’s revised 0.5% increase (previously reported: +0.3% month-on-month).

    Read more

More news

Search form