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Wednesday, October 12, 2005

Japanese Consumer Confidence Worsens

What was I saying yesterday? Well here we are today, Japanese consumers are not as happy as the theory says they should be:

Consumer confidence in Japan declined in September from the previous month, according to a survey released on Wednesday by The Cabinet Office. Its sentiment index for ordinary households (those with two or more people) fell to 45.5, down 2.9 from August.The survey covers outlooks on four variables – living conditions, income, job conditions and willingness to buy durable goods.