Japan: Downward trend in consumer sentiment continues in November
December 10, 2014
Consumer sentiment fell from the 38.9 points recorded in October to 37.7 points in November. The print represented the lowest reading in seven 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.
November’s result mostly reflected deteriorations in all the main sub-categories, with job conditions, the overall livelihood category and consumers’ willingness to buy durable goods recording the largest drops. Income growth were just below the previous month’s reading.