Japan Consumer Confidence


Japan: Consumer sentiment weakens for the fourth consecutive month

November 10, 2010

Consumer confidence continued to falter in October, auguring a weakening in private consumption in the months ahead, following on the resilient growth tallied in the third quarter. In October, the Cabinet Office's index of household sentiment dropped for the fourth month in a row, sliding from 41.2 points in September to 40.9 points. An index value below 50 indicates that pessimists outnumber optimists. The fall in consumer sentiment was mostly driven by a significant drop in the willingness to buy durable consumer goods, in particular cars and electronic products, which reflected the withdrawal of government stimulus measures aimed at boosting consumption. Nonetheless, expectations of income growth stabilised and consumer confidence regarding the labour market inched up.


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Japan Economic News

  • Japan: Core inflation inches up in June

    July 20, 2018

    The core consumer price index rose 0.1% in month-on-month seasonally-adjusted terms in June, up from May’s flat reading. Core inflation was up a notch to 0.8% in June from 0.7% in May, which was in line with market expectations.

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  • Japan: Machinery orders decline in May

    July 11, 2018

    Although core machinery orders—a leading indicator of capital spending over a three- to six-month period—contracted in May, the fall was weaker-than-expected, suggesting that capital expenditure will gain steam further down the road.

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  • Japan: Business confidence weakens in Q2

    July 2, 2018

    According to the Bank of Japan’s quarterly Tankan business survey, sentiment among large manufacturers fell in the second quarter of 2018, suggesting economic momentum has yet to gain traction following a weak first quarter.

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  • Japan: Consumer confidence declines marginally in June

    June 29, 2018

    Consumer sentiment inched down to 43.7 in June from 43.8 in May, coming in just below market expectations of a stable print.

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  • Japan: Industrial production falls in May

    June 29, 2018

    Industrial production contracted 0.2% on a month-on-month and seasonally-adjusted basis in May, contrasting April’s revised 0.5% increase (previously reported: +0.3% month-on-month).

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