Japan's consumer sentiment improved for the second straight month in February to the highest level in nearly seven years, survey data from the Cabinet Office showed on Wednesday.
The seasonally adjusted consumer confidence index rose to 40.0 in February from 37.9 in January. Economists had forecast the index to rise to 38.2.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.