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). source: Cabinet Office, Japan

Consumer Confidence in Japan increased to 37.90 points in January from 37.20 points in December of 2025. Consumer Confidence in Japan averaged 40.53 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 February of 2026.

Consumer Confidence in Japan increased to 37.90 points in January from 37.20 points in December of 2025. Consumer Confidence in Japan is expected to be 37.30 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
2026-01-08 05:00 AM
Consumer Confidence
Dec 37.2 37.5 37.8 38.1
2026-01-29 05:00 AM
Consumer Confidence
Jan 37.9 37.2 38 37.6
2026-03-04 05:00 AM
Consumer Confidence
Feb 37.9


Related Last Previous Unit Reference
Bank Lending Rate 2.75 2.60 percent Jan 2026
Consumer Confidence 37.90 37.20 points Jan 2026
Consumer Credit 57202.60 56452.60 JPY Billion Sep 2025
GDP Private Consumption 308605.90 307992.30 JPY Billion Sep 2025
Disposable Personal Income 1010.41 425.50 JPY Thousand Dec 2025
Gasoline Prices 1.02 1.01 USD/Liter Jan 2026
Household Spending YoY -2.60 2.90 percent Dec 2025
Household Spending MoM -2.90 6.20 percent Dec 2025
Households Debt to GDP 64.00 64.50 percent of GDP Jun 2025
Personal Savings 0.40 0.40 percent Sep 2025
Retail Sales MoM -2.00 0.70 percent Dec 2025
Retail Sales YoY -0.90 1.10 percent Dec 2025


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
37.90 37.20 50.80 21.60 1982 - 2026 points Monthly
SA

News Stream
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
Japan Consumer Morale Drops from 19-Month High
Japan’s consumer confidence index declined to 37.2 in December 2025 from 37.5 in November, which was the highest level in 19 months and below market forecasts of 37.8. The decline came as most components weakened: overall livelihood (35.9 vs 36.2 in November), employment outlook (41.5 vs 41.7), and willingness to buy durable goods (30.2 vs 30.9). In contrast, consumers' views on income growth improved to 41.3 from 41.0 in the previous month.
2026-01-08
Japan Consumer Mood Highest in 19 Months
Japan’s consumer confidence index rose to 37.5 in November 2025 from 35.8 in October, surpassing market forecasts of 35.9. This marked the highest reading since April 2024, with all components improving: overall livelihood (36.2 vs 34.3 in October), income growth (41.0 vs 40.0), employment outlook (41.7 vs 40.1), and willingness to buy durable goods (30.9 vs 28.9).
2025-12-02