The Consumer Confidence Index in Japan increased 0.4 points from the previous month to 39.1 in December 2019, the highest since May and above market expectations of 38, as three of the four sub-indices improved: willingness to buy durable goods (up 1.3 points to 36.6); overall livelihood (up 0.4 points to 38.4); and income growth (up 0.1 points to 40.2). Meanwhile, the employment sub-index edged down 0.1 points to 41.3.

Consumer Confidence in Japan averaged 42.12 points from 1982 until 2019, reaching an all time high of 50.80 points in December of 1988 and a record low of 27.50 points in January of 2009. This page provides - Japan Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Cabinet Office, Japan

Consumer Confidence in Japan is expected to be 43.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Japan to stand at 43.90 in 12 months time. In the long-term, the Japan Consumer Confidence is projected to trend around 43.90 points in 2020, according to our econometric models.


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Japan Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
39.10 38.70 50.80 27.50 1982 - 2019 points Monthly
SA

Calendar GMT Actual Previous Consensus TEForecast
2019-10-02 05:00 AM Sep 35.6 37.1 37.3
2019-10-31 05:00 AM Oct 36.2 35.6 35.5 34.9
2019-11-29 05:00 AM Nov 38.7 36.2 35.4 36
2020-01-08 05:00 AM Dec 39.1 38.7 38 39
2020-01-29 05:00 AM Jan 39.1 40.8 40.5
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
2019-11-29
Japan Consumer Morale Strongest in 5 Months
The Consumer Confidence Index in Japan increased 2.5 points from the previous month to 38.7 in November 2019, the highest since June and above market expectations of 35.4. All sub-indices improved: willingness to buy durable goods (up 4.3 points to 35.3); overall livelihood (up 3.5 points to 38.0); income growth (up 1.3 points to 40.1); and employment (up 0.8 points to 41.4).

2019-10-31
Japan Consumer Morale Improves in October
The Consumer Confidence Index in Japan increased 0.6 points from the previous month to 36.2 in October 2019, as three of four sub-indices improved: willingness to buy durable goods (up 2.9 points to 31.0); overall livelihood (up 0.6 points to 34.5); and income growth (up 0.1 points to 38.8). Conversely, the gauge for employment was down 0.9 points to 40.6.

2019-10-02
Japan Consumer Sentiment Falls to Over 8-Year Low
The Consumer Confidence Index in Japan dropped 1.5 points from the previous month to 35.6 in September 2019. This was the lowest reading since June 2011 as consumers were more gloomy ahead of increase of sales tax to 10% on scheduled for October 1st. All four of sub-indices deteriorated: the willingness to buy durable goods (down 3.6 points to 28.1), overall livelihood (down 0.9 point to 33.9); income growth (down 0.8 points to 38.7), and employment (down 0.7 points to 41.5).

2019-08-29
Japan Consumer Confidence at Over 5-Year Low
The Consumer Confidence Index in Japan fell 0.7 points from the previous month to 37.1 in August 2019, the lowest since April 2014, as three of four of sub-indices deteriorated: willingness to buy durable goods (down 1.7 points to 31.7); overall livelihood (down 1.0 point to 34.8); and employment (down 0.4 points to 42.2). Meanwhile, the income growth sub-index was unchanged at 39.5.

2019-07-31
Japan Consumer Morale Weakest in Over 5 Years
The Consumer Confidence Index in Japan fell to 37.8 in July 2019 from 38.7 in the previous month, below market expectations of 38.5. That was the weakest reading since April 2014, as all sub-indices deteriorated: willingness to buy durable goods (down 2.2 points from a month earlier to 33.4); overall livelihood (down 0.5 points to 35.8); employment (down 0.4 points to 42.6); and income growth (down 0.3 points to 39.5).

2019-07-01
Japan Consumer Morale Weakest since 2014
The Consumer Confidence Index in Japan fell to 38.7 in June 2019 from 39.4 in the previous month and below market expectations of 39.2. That was the weakest reading since November 2014, as three of four sub-indices deteriorated: willingness to buy durable goods (down 1.6 points from a month earlier to 35.6); overall livelihood (down 1.1 points to 36.3); and employment (down 0.3 points to 43.0). Meanwhile, the income growth sub-index was unchanged at 39.8.


Japan Consumer Confidence
In Japan, the Monthly Consumer Confidence survey data is collected by direct visit and covers about 4,700 households consisting of more than two persons. The questionnaire covers four subjects: consumer perceptions of overall livelihood, income growth, employment and willingness to buy durable goods. For each subject an index based on the respondents’ evaluation of what they consider the prospects to be over the next six months is created. The Consumer Confidence Index is the simple average of the four consumer perception indexes. A score above 50 indicates optimism, below 50 shows lack of confidence and 50 indicates neutrality.

Japan Consumer Last Previous Highest Lowest Unit
Consumer Confidence 39.10 38.70 50.80 27.50 points [+]
Retail Sales MoM 4.50 -14.20 8.30 -14.20 percent [+]
Retail Sales YoY -2.10 -7.00 36.50 -14.30 percent [+]
Household Spending -2.00 -5.10 9.50 -10.60 percent [+]
Consumer Spending 303045.20 301418.50 306211.50 150439.60 JPY Billion [+]
Disposable Personal Income 389.94 446.42 1079.95 35.36 JPY Thousand [+]
Personal Savings 25.10 29.30 55.00 -9.90 percent [+]
Bank Lending Rate 0.95 0.95 9.90 0.90 percent [+]
Gasoline Prices 1.37 1.35 2.00 0.91 USD/Liter [+]
Households Debt To GDP 58.70 58.20 72.20 20.30 percent of GDP [+]
Consumer Credit 322298.00 320489.00 518228.00 278351.00 JPY Billion [+]