Financial News: Japan Consumer Confidence Weakens Unexpectedly

Japan Consumer Confidence Weakens Unexpectedly

05/02/2024 - 02:22:00 (RTTNews)

(RTTNews) - Japan's consumer sentiment decreased unexpectedly in April to the lowest level in three months, data from the Cabinet Office showed on Thursday.

The seasonally adjusted consumer confidence index dropped to 38.3 in April from 39.5 in March. Meanwhile, economists had forecast the index to rise to 39.7.

The latest survey was conducted on April 15 among 8,400 households.

All sub-indices registered decreases in April, the survey said.

The indicator measuring overall livelihood declined by 1.4 points to 36.1, and that for employment fell by 0.8 points to 44.2.

The index reflecting households' willingness to buy durable consumer goods also worsened to 31.8 from 34.0, and the index for income growth slid by 0.4 points to 41.1.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

China Data On Tap For Friday (51 min(s), 51 sec(s) ago)
(RTTNews) - China is scheduled to release a batch of data on Friday, headlining a busy day for Asi ...Full Story»

Treasury Reveals Details Of This Month's Twenty-Year Bond Auction (24 min(s), 51 sec(s) ago)
(RTTNews) - The Treasury Department announced the details of this month's auction of twenty-ye ...Full Story»

U.S. Industrial Production Unexpectedly Unchanged In April (34 min(s), 51 sec(s) ago)
(RTTNews) - With a surge in utilities output offset by decreases in mining and manufacturing outpu ...Full Story»

Philly Fed Index Indicates Notably Slower Growth In May (14 min(s), 51 sec(s) ago)
(RTTNews) - Philadelphia-area manufacturing activity saw a notable slowdown in the pace of growth ...Full Story»

U.S. Import Prices Jump 0.9% In April, Much More Than Expected (54 min(s), 51 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday showing U.S. import prices jumped b ...Full Story»

U.S. Weekly Jobless Claims Pull Back From More Than Eight-Month High (42 min(s), 51 sec(s) ago)
(RTTNews) - After reporting a notable increase in first-time claims for U.S. unemployment benefits ...Full Story»

U.S. Housing Starts Rebound In April But Building Permits Extend Slump (30 min(s), 51 sec(s) ago)
(RTTNews) - New residential construction in the U.S. rebounded in the month of April, according to ...Full Story»

U.S. Industrial Production Comes In Flat In April (08 min(s), 51 sec(s) ago)
(RTTNews) - With a surge in utilities output offset by decrease in mining and manufacturing output ...Full Story»