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    08.03.2016 15:25 Japan’s consumer confidence index declines to 40.1 in February

    Japan's Cabinet Office released its consumer confidence index on Tuesday. The consumer confidence index declined to 40.1 in February from 42.5 in January, missing expectations for a fall to 42.3. It was the lowest level since January 2015.

     

    The decrease was driven by declines in all sub-indexes. The overall livelihood sub-index decreased to 38.5 in February from 40.9 in January, the income growth sub-index was down to 39.8 from 41.2, the employment sub-index fell to 42.1 from 45.8, while the willingness to buy durable goods sub-index dropped to 39.9 from 42.0.


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