Japan November consumer confidence index 42.9 vs 43.2 expected
Latest data from the Japanese Cabinet Office - 30 November 2018
- Prior 43.0
Slight delay in the release by the source. The index measures the households' confidence on the economy, a minor indicator of financial confidence in some ways. A continued dip in confidence levels isn't exactly a positive sign and points to some pessimism seen among Japanese consumers. It's a minor data point but waning economic confidence will eventually feed into growth so this isn't good news for the yen in the long-run.