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Asian Economic News

Japanese Consumer Sentiment Weakens In April

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Japan's consumer confidence dropped unexpectedly in April, reflecting deterioration in willingness to buy and assessment of current overall livelihood, survey results from the Cabinet Office showed Tuesday.

The consumer sentiment index dipped to 40 from 40.3 a month ago. Economists were forecasting the index to rise to 40.8.

The index for overall livelihood fell to 40.3 from 41.1, while income growth rose to 39.6 from 39.4 in March. Employment and willingness to buy durable goods dropped by 0.4 points to 38.2 and 41.7, respectively.

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