The Consumer Confidence Index in Japan increased to 29.5 in July 2020, the highest in 4 months, from 28.4 in the previous month. All sub-indices improved: overall livelihood (up 1.3 points to 31.7); income growth assessment (up 1.4 points to 32.8); employment perceptions (up 0.8 points to 21.7); and willingness to buy durable goods (up 0.8 points to 31.6). Still, the reading remains much below level seen before the coronavirus pandemic and suggest pessimism.
Consumer Confidence in Japan averaged 41.83 points from 1982 until 2020, 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 August of 2020. source: Cabinet Office, Japan
Consumer Confidence in Japan is expected to be 36.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Japan to stand at 42.00 in 12 months time. In the long-term, the Japan Consumer Confidence is projected to trend around 42.00 points in 2021 and 43.90 points in 2022, according to our econometric models.