Latest data from the Japanese Cabinet Office - 9 May 2019
- Prior 40.5
Slight delay in the release by the source. A slight dip in consumer confidence compared to March as general sentiment towards the Japanese economy continues to wane. The index here measures the households' confidence on the economy, a minor indicator of financial confidence in some ways.
As mentioned before, this will weigh on the government's thoughts to go through with the sales tax hike in October should economic sentiment/conditions continue to worsen as we head into 2H 2019.
