Japan November consumer confidence index 42.9 vs 43.2 expected

Latest data from the Japanese Cabinet Office – 30 November 2018


Slight delay in the release by the source. The index measures the households’ confidence on the economy, a minor indicator of financial confidence in some ways. A continued dip in confidence levels isn’t exactly a positive sign and points to some pessimism seen among Japanese consumers. It’s a minor data point but waning economic confidence will eventually feed into growth so this isn’t good news for the yen in the long-run.

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