Japan's consumer confidence index rose to 33.6 in May 2026 from 32.2 in the previous month, beating market forecasts of 32.0 and marking the highest reading since February. Sentiment improved across all major categories: overall livelihood (30.2 vs 28.2 in April), income growth (40.3 vs 39.8), employment prospects (38.3 vs 37.4), and willingness to buy durable goods (24.4 vs 23.2). source: Cabinet Office, Japan

Consumer Confidence in Japan increased to 33.60 points in May from 32.20 points in April of 2026. Consumer Confidence in Japan averaged 40.46 points from 1982 until 2026, reaching an all time high of 50.80 points in December of 1988 and a record low of 21.60 points in April of 2020. This page provides - Japan Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Consumer Confidence in Japan increased to 33.60 points in May from 32.20 points in April of 2026. Consumer Confidence in Japan is expected to be 32.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Consumer Confidence is projected to trend around 36.00 points in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-30 05:00 AM
Consumer Confidence
Apr 32.2 33.3 33.1 31
2026-05-29 05:00 AM
Consumer Confidence
May 33.6 32.2 32 31.5
2026-07-01 05:00 AM
Consumer Confidence
Jun 33.6 32


Related Last Previous Unit Reference
Bank Lending Rate 3.05 3.00 percent May 2026
Consumer Confidence 33.60 32.20 points May 2026
Consumer Credit 58802.70 57221.70 JPY Billion Dec 2025
GDP Private Consumption 310270.50 309199.80 JPY Billion Mar 2026
Disposable Personal Income 453.45 490.52 JPY Thousand Mar 2026
Gasoline Prices 1.06 1.06 USD/Liter May 2026
Household Spending YoY -0.50 -2.90 percent Apr 2026
Household Spending MoM 1.60 -1.30 percent Apr 2026
Households Debt to GDP 61.10 61.30 percent of GDP Sep 2025
Personal Savings 3.90 0.00 percent Dec 2025
Retail Sales MoM 1.30 1.00 percent Apr 2026
Retail Sales YoY 2.10 1.40 percent Apr 2026


Japan Consumer Confidence
In Japan, the Monthly Consumer Confidence survey data is collected by direct visit and covers about 4,700 households consisting of more than two persons. The questionnaire covers four subjects: consumer perceptions of overall livelihood, income growth, employment and willingness to buy durable goods. For each subject an index based on the respondents’ evaluation of what they consider the prospects to be over the next six months is created. The Consumer Confidence Index is the simple average of the four consumer perception indexes. A score above 50 indicates optimism, below 50 shows lack of confidence and 50 indicates neutrality.
Actual Previous Highest Lowest Dates Unit Frequency
33.60 32.20 50.80 21.60 1982 - 2026 points Monthly
SA

News Stream
Japan Consumer Mood Hits 3-Month High
Japan's consumer confidence index rose to 33.6 in May 2026 from 32.2 in the previous month, beating market forecasts of 32.0 and marking the highest reading since February. Sentiment improved across all major categories: overall livelihood (30.2 vs 28.2 in April), income growth (40.3 vs 39.8), employment prospects (38.3 vs 37.4), and willingness to buy durable goods (24.4 vs 23.2).
2026-05-29
Japan Consumer Mood Falls to 1-Year Low
Japan's consumer confidence index declined to 32.2 in April 2026 from 33.3 in March, and below forecasts of 33.1. It was the lowest figure since April 2025, with almost all components posting declines, including overall livelihood (28.2 vs 29.7 in March), employment outlook (37.4 vs 37.6), and willingness to purchase durable goods (23.2 vs 26.0), while income growth remained steady (at 39.8).
2026-04-30
Japan Consumer Morale Lowest in 10 Months
Japan’s consumer confidence index dropped to 33.3 in March 2026 from a downwardly revised 39.7 in the previous month, which was the highest figure since April 2019, below market forecasts of 38 and marking the lowest figure since May 2025. All components posted falls, including overall livelihood (29.7 vs 39.7 in February), income growth (39.8 vs 42.5), employment outlook (37.6 vs 44.0), and the willingness to purchase durable goods (26.0 vs 33.9).
2026-04-09