According to statistics from the Cabinet Office, consumer sentiment in Japan slightly increased in February to reach its highest level in six months.
In February, the seasonally adjusted consumer confidence indicator increased from 31.0 in January to 31.1. Since the measurement of 32.5 in August 2022, this was the highest value.
The indicator measuring the perception of income growth among the four sub-indices climbed to 36.2 in February, and the indicator for employment increased to 38.0.
The indicator measuring households’ willingness to purchase durable products decreased to 23.0, and the index measuring overall standard of living decreased to 27.0.
The most recent survey was taken on February 15 from 8,400 homes.
Source: RTT News
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
