- Sep Consumer Sentiment Index -20.4 vs June -10.0
- Sep Sentiment Outlook Index -20.8 vs June -15.3
- more people expect prices in Japan to rise in 12 months
- households see 3% inflation in 1 year, 2% in 5 years
Japanese consumer confidence worsened in September from three months earlier for the second consecutive quarter as more people reported a fall in their own or family’s income from a year before, according to the results of the Bank of Japan’s quarterly survey. Rising cost of living caused by the April sales tax hike and the yen’s fall continued to outpace the slow pickup in wages, eroding the purchasing power of many households
The report was published a short while ago. MNI/Bbg reporting
USDJPY currently 108.74
