In the Nikkei this morning ….
- Nikkei consumption diffusion index dropped to -19
- 6 points worse than in the October survey
- According to participants in the January survey, consumers’ willingness to spend is at its lowest level since the period following the March 2011 earthquake
- Index is based on a poll of 197 companies
- Respondents see conditions as either “good” or “bad”
- Readings turn negative when more businesses are pessimistic
There’s a further breakdown (by industry etc.) at the article: Consumer-oriented industries still waiting for purse strings to loosen
