Monitor JN Consumer Confidence to gauge future consumer spending, a key economic activity driver.
Consumer financial confidence serves as a critical indicator of spending patterns, which significantly contribute to overall economic activity.
What it Measures
It reflects the level of a composite index derived from household surveys, excluding single-person households.
Usual Effect
When the 'Actual' figure exceeds the 'Forecast', it positively impacts the currency.
Source & Frequency
Cabinet Office (latest release) - https://www.cao.go.jp/index-e.html • This data is released monthly, approximately three days after the end of the month.
How Data is Derived
Survey of about 8,400 households which asks respondents to rate the relative level of economic conditions including overall livelihood, income growth, employment, and climate for major purchases
Also Known As
Consumer Mood, Household Confidence
Acronym
N/A