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Japan Consumer Confidence September 2020

Japan: Consumer confidence hits highest reading since February in September

Consumer confidence rose to 32.7 in September from August’s 29.3, marking the strongest reading since February. As a result, the index—which measures consumer expectations about the economy for the next six months—moved closer to the 50-threshold, but still indicated pessimism among consumers.

The rise came on the back of a broad-based improvement in consumers‘ assessments regarding the coming six months: Perceptions of employment opportunities, overall livelihood, willingness to buy durable goods and income growth all increased from August’s survey.

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