TeleTrade - Analytics

TeleTrade

518.25 6.50/10
57% of positive reviews
Real

01.07.2016 06:01 Japan's consumer confidence better than expected

01.07.2016 06:01

Japan's consumer confidence better than expected

Japan's consumer confidence improved more-than-expected in June to the strongest level in five months, survey results from the Cabinet Office showed Friday.

The consumer confidence index rose to 41.8 in June from 40.9 in the previous month. Economists had expected the index to climb to 41.1.

The latest reading was the highest since January this year, when it marked 42.3.

Among components, the index for overall livelihood climbed to 40.4 in June from 39.7 in May. Similarly, the employment index increased to 43.7 from 42.9.

The index measuring income growth and the gauge for willingness to buy durables also improved during the month.

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



To leave a comment you must be or register

By visiting our website and services, you agree to the conditions of use of cookies. Learn more I agree