Japan: Consumer confidence rises slightly in July
August 2, 2017
Consumer sentiment inched up from 43.3 in June to 43.8 in July. The reading came in above the 43.5 mark that analysts had predicted. The consumer confidence index measures consumers’ expectations for the next six months on a scale of 0–100, where 100 indicates that all respondents see their living standards improving.
July’s increase came on the back a sizeable rise in the overall livelihood category and consumers’ willingness to buy durable goods. Income growth recorded a smaller increase, while the employment index steadied in July.