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Japan Consumer Confidence October 2023

Japan: Consumer confidence improves in October

Consumer confidence came in at 35.7 in October, up from September’s 35.2. However, the index remained entrenched below the 50-threshold, signaling sustained pessimism among consumers.

Consumers became less pessimistic about the next year regarding their overall livelihoods, income growth and willingness to buy durable goods, driving a slight improvement in the index. However, consumers became more pessimistic about their employment prospects.

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