The consumer confidence index in Japan ticked higher to 31.1 in February of 2023 from 31.0 in the previous month and compared with market forecasts of 32.0. This was the highest reading since August 2022 as the economy recovered further from pandemic disruptions, with households' sentiment strengthening for both income growth (up 0.6 points from January to 36.2) and employment (up 0.8 points to 38.0). Meanwhile, the views toward overall livelihood weakened (down 0.8 points to 27.0). Also, the willingness to buy durable goods was lower (down 0.5 points to 23.0). source: Cabinet Office, Japan

Consumer Confidence in Japan averaged 41.03 points from 1982 until 2023, reaching an all time high of 50.80 points in December of 1988 and a record low of 21.60 points in April of 2020. This page provides - Japan Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

Consumer Confidence in Japan is expected to be 3.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Japan Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2023-01-31 05:00 AM Jan 31 30.3 30.5 30
2023-03-02 05:00 AM Feb 31.1 31 32 32
2023-04-10 05:00 AM Mar 31.1 35


Related Last Previous Unit Reference
Consumer Confidence 31.10 31.00 points Feb 2023
Consumer Spending 295742.70 294756.10 JPY Billion Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
31.10 31.00 50.80 21.60 1982 - 2023 points Monthly
SA

News Stream
Japan Consumer Mood Edges Up to 6-Month Peak
The consumer confidence index in Japan ticked higher to 31.1 in February of 2023 from 31.0 in the previous month and compared with market forecasts of 32.0. This was the highest reading since August 2022 as the economy recovered further from pandemic disruptions, with households' sentiment strengthening for both income growth (up 0.6 points from January to 36.2) and employment (up 0.8 points to 38.0). Meanwhile, the views toward overall livelihood weakened (down 0.8 points to 27.0). Also, the willingness to buy durable goods was lower (down 0.5 points to 23.0).
2023-03-02
Japan Consumer Morale Strongest in 5 Months
The consumer confidence index in Japan increased to 31.0 in January of 2023 from 30.3 in December, beating market consensus of 30.5. It was the strongest consumer confidence since August last year, as the economy recovered further from pandemic disruptions with nearly all components improving: overall livelihood (up 0.4 points from the prior month to 27.8), income growth (up 0.5 points to 35.6), and employment (up 2.2 points to 37.2). In contrast, the willingness to buy was lower (down 0.2 points to 23.5).
2023-01-31
Japan Consumer Sentiment Improves
The consumer confidence index in Japan increased to 30.3 in the final month of 2022 from November's 2-1/2-year low of 28.6, amid waning COVID disruptions as the government already lifted all pandemic restrictions. Households' sentiment strengthened for all components: overall livelihood (up 0.9 points from the prior month to 27.4), income growth (up 0.9 points to 35.1), employment (up 2.6 points to 35.0), and the willingness to buy (up 2.3 points to 23.7).
2023-01-05