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). source: Cabinet Office, Japan

Consumer Confidence in Japan decreased to 33.30 points in March from 39.70 points in February of 2026. Consumer Confidence in Japan averaged 40.50 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 April of 2026.

Consumer Confidence in Japan decreased to 33.30 points in March from 39.70 points in February of 2026. Consumer Confidence in Japan is expected to be 37.00 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
2026-03-04 05:00 AM
Consumer Confidence
Feb 40.0 37.9 38.2 38.1
2026-04-09 05:00 AM
Consumer Confidence
Mar 33.3 39.7 38 38
2026-05-01 05:00 AM
Consumer Confidence
Apr 33.3


Related Last Previous Unit Reference
Bank Lending Rate 2.80 2.90 percent Mar 2026
Consumer Confidence 33.30 39.70 points Mar 2026
Consumer Credit 58802.70 57221.70 JPY Billion Dec 2025
GDP Private Consumption 309442.20 309116.20 JPY Billion Dec 2025
Disposable Personal Income 490.52 432.71 JPY Thousand Feb 2026
Gasoline Prices 1.11 1.01 USD/Liter Mar 2026
Household Spending YoY -1.80 -1.00 percent Feb 2026
Household Spending MoM 1.50 -2.50 percent Feb 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 -2.00 4.10 percent Feb 2026
Retail Sales YoY -0.20 1.80 percent Feb 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
33.30 39.70 50.80 21.60 1982 - 2026 points Monthly
SA

News Stream
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
Japan Consumer Sentiment Highest in Near 7 Years
Japan’s consumer confidence index rose to 40.0 in February 2026 from 37.9 in the previous month, beating market forecasts of 38.2 and marking the highest figure since April 2019. All components posted gains, including overall livelihood (39.7 vs 36.8 in January), income growth (42.5 vs 42.0), employment outlook (44.0 vs 42.4), and the willingness to purchase durable goods (33.9 vs 30.4).
2026-03-04
Japan Consumer Morale Highest in 21 Months
Japan’s consumer confidence index increased to 37.9 in January 2026 from 37.2 in December, but remained slightly below market forecasts of 38. It marked the highest reading since April 2024, as all components strengthened: overall livelihood (36.8 vs 35.9 in December 2025), employment outlook (42.4 vs 41.5), willingness to buy durable goods (30.4 vs 30.2), and income growth (42.0 vs 41.3).
2026-01-29