Japan: Consumer sentiment drops to six-month low in October
November 11, 2014
Consumer sentiment fell from the 39.9 points recorded in September to 38.9 points in October. The print represented the lowest reading in six 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.
October’s result mostly reflected deteriorations in all the main sub-categories, with job conditions and consumers’ willingness to buy durable goods recording the largest drops. The overall livelihood category and income growth were just below the previous month’s reading.