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Japan Consumer Confidence Weakens To 7-Month Low

By Midhin P.K.  ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Japan's consumer sentiment decreased more-than-expected in May to the lowest level in seven months, data from the Cabinet Office showed on Wednesday.The seasonally adjusted consumer confidence index dropped to 36.2 in May from 38.3 in April. Meanwhile, economists had forecast the index to rise to 38.9.Further, this was the lowest score since October 2023, when it was 35.9.The latest survey was con...

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