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Main Indicator: Consumer Confidence
Most Recent Release
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Actual | Forecast | Previous | Revised Form | |
| 35.2 | 36.0 | 36.7 | N/A | ||
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"Household" Confidence for April
Consumer confidence declined again in Japan, falling to a measure of 35.2, reported the Cabinet Office. A reading below 50 implies contraction. Confidence is now at a new fresh 5-year low. Consumers are concerned about a slowing economy which is putting pressure on employment and wages. At the same time, inflation is driving up the prices of energy and food. The four sub-indexes all fell:
Economic Well Being: 33, pr. 34.4
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Table of Past Data
| 8/10 | 9/12 | 10/12 | 11/12 | 12/11 | 1/18 | 2/13 | 3/12 | 4/18 | 5/16 | ||
| Actual | 44.4 | 44.0 | 44.1 | 42.9 | 39.8 | 38.0 | 37.5 | 36.1 | 36.7 | 35.2 | |
| Forecast | 45.0 | 44.0 | 44.5 | 45.5 | 42.8 | 38.5 | 37.5 | 37.5 | 36.5 | 36.0 | |
| Previous | 45.0 | 44.4 | 44.0 | 44.1 | 42.9 | 39.8 | 38.0 | 37.5 | 36.1 | 36.7 | |
| Revised From | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
Past Releases
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Actual | Forecast | Previous | Revised Form | |
| 36.7 | 36.5 | 36.1 | N/A | ||
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"Household" Confidence for March
Consumer confidence rose in March, the first time it has done so in 6 months. Consumers and households have digested the prospects of a weakening economy and rising inflation. February's confidence of 36.1 was the lowest since March 2003. The sub-indexes for general well-being, employment and willingness to purchase durable goods increased, while the income growth sub-index declined. The Yen was declining during the Friday session, as carry trade sentiments were piqued by news that the Bank of England wanted to help ease money-market conditions boosting the appeal of higher-yielding currencies. |
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Actual | Forecast | Previous | Revised Form | |
| 36.1 | 37.5 | 37.5 | N/A | ||
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For February
Japan's consumer confidence slipped to a 5 year low in February, dipping to 36.1, the lowest since March 2003. The sentiment index for general households includes views on incomes and jobs, and shows Japanese households increasingly pessimistic as food and energy costs rise, and the housing sector enters a recessionary phase. |
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Actual | Forecast | Previous | Revised Form | |
| 37.5 | 37.5 | 38.0 | N/A | ||
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For January
Provided by: Cabinet Office |
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Actual | Forecast | Previous | Revised Form | |
| 38.0 | 38.5 | 39.8 | N/A | ||
| For December. | |||||
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Actual | Forecast | Previous | Revised Form | |
| 39.8 | 42.8 | 42.9 | N/A | ||
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For November Released from the Economic and Social Research Institute,Cabinet Office Japanese consumer confidence dropped to the lowest level since December 2003. Sub-indexes of economic well being, income growth, employment, and willingness to buy durable goods all deteriorated. Also, 82.2% of the respondents expected prices to rise in the coming year, an all time high. |
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Actual | Forecast | Previous | Revised Form | |
| 42.9 | 45.5 | 44.1 | N/A | ||
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For October. Government's Cabinet Office The Government's index of consumer confidence fell to 42.8 in October from 44.1 in September. The survey is meant to measure consumer's outlook for the next 6 months. The indicator has not been below 44 during 2007. |
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Actual | Forecast | Previous | Revised Form | |
| 44.1 | 44.5 | 44.0 | N/A |
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Actual | Forecast | Previous | Revised Form | |
| 44.0 | 44.0 | 44.4 | N/A | ||
| For August, consumer confidence in Japan dropped to its lowest since December, 2004 and registered the 15th straight month below the boom-bust line of 50. | |||||
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Actual | Forecast | Previous | Revised Form | |
| 44.4 | 45.0 | 45.0 | N/A | ||
| This is the third straight month of decline in consumer sentiment. | |||||