Latest data released by the Japanese Cabinet Office - 14 May 2019

  • Prior 44.8
  • Outlook 48.4 vs 48.0 expected
  • Prior 48.6

Slight delay in the release by the source. The reading is a survey on workers to measure up consumer spending and current economic conditions. A slight improvement in the reading here but it isn't really convincing after the headline index fell to its lowest since July 2016 in the month of March.

The subdued readings here will continue to heap pressure on the Japanese government as to whether or not they can raise the sales tax in October this year.