Latest data released by the Japanese Cabinet Office - 8 April 2019
- Prior 47.5
- Outlook 48.6 vs 49.2 expected
- Prior 48.9
Slight delay in the release by the source. The reading is a survey on workers to measure up consumer spending and current economic conditions. The headline falls to its weakest level since July 2016 and that continues to highlight the weakening Japanese economy as we begin the new year.
Data points like these will continue to raise doubts about the government's plans to proceed with a sales tax hike in October.
