Japan consumer mood worsens for 4th straight month in November
[TOKYO] Japanese consumer confidence in November worsened for a fourth straight month, a Cabinet Office survey showed on Wednesday, showing the April sales tax hike is continuing to weigh on sentiment.
The Cabinet Office cut its view on the consumer confidence index, saying it is showing weak movement.
The survey's sentiment index for general households, which includes views on incomes and jobs, was at 37.7 in November, the lowest since April.
The survey began in 1982. "General households" are those with two or more people.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
German business activity returns to growth in April, PMI survey shows
China’s LGFV borrowing costs drop to record low as investors bet on bailout
UK budget deficit overshoots in setback for Hunt’s tax cut plans
BOJ will hike rates if trend inflation accelerates, says Ueda
India’s economic activity continues to expand
Thailand’s 500 billion baht stimulus project gets Cabinet approval