According to statistics from the Cabinet Office, consumer sentiment in Japan slightly increased in February to reach its highest level in six months.
In February, the seasonally adjusted consumer confidence indicator increased from 31.0 in January to 31.1. Since the measurement of 32.5 in August 2022, this was the highest value.
The indicator measuring the perception of income growth among the four sub-indices climbed to 36.2 in February, and the indicator for employment increased to 38.0.
The indicator measuring households’ willingness to purchase durable products decreased to 23.0, and the index measuring overall standard of living decreased to 27.0.
The most recent survey was taken on February 15 from 8,400 homes.
Source: RTT News
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