Track the JN Economy Watchers Sentiment to gauge market optimism. Crucial for assessing economic trends.
A reading above 50.0 suggests optimism, while a reading below indicates pessimism.
What it Measures
This index reflects the level of a diffusion index based on feedback from workers who directly observe consumer spending patterns through their employment.
Usual Effect
A higher 'Actual' compared to 'Forecast' is favorable for the currency.
Source & Frequency
Cabinet Office (latest release) - https://www.cao.go.jp/index-e.html • Data is published monthly, approximately nine days after the end of the month.
How Data is Derived
Survey of about 2,050 workers which asks respondents to rate the relative level of current economic conditions
Also Known As
Eco Watchers Current Index
Acronym
N/A