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    03.02.2016 13:39 Japan’s consumer confidence index declines to 42.5 in January

    Japan's Cabinet Office released its consumer confidence index on Wednesday. The consumer confidence index declined to 42.5 in January from 42.7 in December, missing expectations for a rise to 43.8.

     

    The decrease was driven by declines in 3 of 4 sub-indexes. The overall livelihood sub-index decreased to 40.9 in January from 41.1 in December, the income growth sub-index was down to 41.2 from 41.8, the employment sub-index fell to 45.8 from 46.3, while the willingness to buy durable goods sub-index rose to 42.0 from 41.6.


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