Japan Consumer Confidence

Japan

Japan: Consumer confidence in December up for first time in five months

January 19, 2015

Consumer sentiment rose from the 37.7 points recorded in November to 38.8 points in December. The print represented the first increase in consumer confidence in five months. The consumer confidence index measures consumers’ expectations for the next six months on a scale of 0–100, where 100 points indicates that all respondents see their living standards improving.

December’s result reflected a broad-based improvement in all the main sub-categories. Job conditions, the overall livelihood category and income growth recorded the largest increases. Consumers’ willingness to buy durable goods was also up in the same month. Analysts believe that Prime Minister Shinzo Abe’s decision to delay the second stage of the consumption tax hike has played a role in December’s improvement.

FocusEconomics Consensus Forecast panelists expect private consumption to rise 0.2% in 2015, which is unchanged from last month’s forecast. In 2016, the panel sees private consumption growing 1.0%.


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 December 2014

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

  • 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

  • Japan: Core inflation stable in May

    June 22, 2018

    The core consumer price index rose 0.1% in month-on-month seasonally-adjusted terms in May, reversing April’s 0.1% fall. Core inflation was steady at 0.7% in May, unchanged from April and in line with market expectations.

    Read more

More news

Search form