Japan Consumer Morale Highest in 6 Months

2026-09-01 05:05 By Chusnul Chotimah 1 min. read

Japan's consumer confidence index increased to 35.5 in August 2026 from 34.9 in the previous month, beating market expectations of 35 and reaching its highest level since February.

Sentiment strengthened in two of the four major components, with households reporting stronger views on overall livelihood (34.1 vs 33.1 in July) and willingness to purchase durable goods (27.5 vs 25.6).

Meanwhile, sentiment weakened regarding income growth (40.4 vs 40.9) and employment prospects (39.9 vs 40.1).



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Japan Consumer Morale Highest in 6 Months
Japan's consumer confidence index increased to 35.5 in August 2026 from 34.9 in the previous month, beating market expectations of 35 and reaching its highest level since February. Sentiment strengthened in two of the four major components, with households reporting stronger views on overall livelihood (34.1 vs 33.1 in July) and willingness to purchase durable goods (27.5 vs 25.6). Meanwhile, sentiment weakened regarding income growth (40.4 vs 40.9) and employment prospects (39.9 vs 40.1).
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Japan's consumer confidence index rose to 34.9 in July 2026 from 33.8 in the previous month, beating market expectations of 34.2 and reaching its highest level since February. Sentiment improved across all major components, with households reporting stronger views on overall livelihood (33.1 vs. 32.0 in June), income growth (40.9 vs. 40.3), employment prospects (40.1 vs. 38.4), and willingness to purchase durable goods (25.6 vs. 24.4).
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Japan's consumer confidence index climbed to 33.8 in June 2026 from 33.6 in May, but remained below market forecasts of 34.0. It was the highest reading since February, with sentiment improving across almost all major categories: overall livelihood (32.0 vs 30.2 in May), employment prospects (38.4 vs 38.3), and willingness to buy durable goods (24.6 vs 24.4), while the income growth indicator was unchanged at 40.3.
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