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<Econ> Japan Apr Household Consumer Confidence Falls to 32.2, Below Forecast
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Japan's Cabinet Office announced that, after seasonal adjustment, the household consumer confidence index for April fell to 32.2 from the previous reading of 33.3, below the market expectation of 32.8. During the period, the assessment of overall livelihood declined by 1.5 points MoM to 28.2. The assessment of income growth remained unchanged MoM at 39.8. The employment outlook assessment fell by 0.2 points MoM to 37.4. The willingness to purchase durable goods dropped by 2.8 points MoM to 23.2. The proportion of respondents expecting prices to rise over the next year was 93.6%, up 0.5 ppts MoM. Those expecting prices to remain broadly unchanged over the next year accounted for 2.3%, down 0.4 ppts MoM. Respondents expecting prices to decline over the next year made up 2.3%, down 0.2 ppts MoM. (da/j) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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