Japan: Consumer confidence rises in September
October 11, 2011
In September, seasonally adjusted consumer confidence increased to 38.6 points from August's 37.0 points, resuming the upward trend in place since May. The consumer confidence index measures consumer expectations over the next six months, with a value of 100 points indicating that all respondents see their living standards improving. In September, consumers were more optimistic as all four components of the index improved over the previous month's figure. In particular the job conditions component jumped 2.9 points, while the willingness to buy durables component rose 1.4 points. Both the overall livelihood and the income growth components recorded softer gains.