Mount Fuji, Japan

Japan Consumer Confidence June 2019

Japan: Consumer confidence in free fall in June

Consumer sentiment declined from 39.4 in May to 38.7 in June. The print represented the lowest reading since December 2014 and was below the 39.2 expected by market analysts. The consumer confidence index measures consumers’ expectations for the next six months on a scale of 0–100; a figure of 100 indicates that all respondents see their living standards improving.

Consumers were noticeably more pessimistic about their willingness to buy durable goods as well as their overall livelihood. Job prospects posted a smaller decline, while income growth was unchanged compared to the previous month. Regarding inflation, expectations of higher prices rose in June, with 87.9% of respondents expecting prices to trend higher (up 0.9 percentage points from last month’s survey).

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest