-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Chart Packs -
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessCORRECT: Japan July Consumer Confidence Up on Stable CPI
--Correcting 'Pessimistic' To 'Optimistic' In 3rd Paragraph In Story Published
At 1447 JST (0547 GMT) Wednesday
--Japan July Consumer Confidence Index 43.8 Vs June 43.3
--Japan July Consumer Confidence Posts 1st M/M rise in 2 Months
--Japan Govt Repeats: Consumer Confidence Picking Up
TOKYO (MNI) - The Cabinet Office on Wednesday released the results of its
latest monthly Consumer Confidence Survey of households with two or more people,
which was conducted on July 15.
* Japan's consumer confidence index edged up 0.5 point to 43.8 in July on a
seasonally adjusted basis, posting the first month-on-month rise drop in two
months after falling 0.3 point to 43.3 in June. The confidence level is
considered fairly high but the index has shown ups and downs in the past several
months. The government maintained its assessment, saying confidence was "picking
up."
* Consumers were more optimistic about all of the four key aspects that
affect their sentiment -- overall economic well-being, income gains, job
prospects and whether it would be a good time to buy durable goods over the next
six months.
* "At the core of the rise in consumer confidence is the weak yen and
higher stock prices," said Toshimi Nishizaki, director of the Department of
Business Statistics at the Cabinet Office. "Consumers also saw the prices for
household goods were stable in July. While the prices for beer had already gone
up, those for vegetables and mobile phones were lower."
* There is also demand for replacing automobiles and other durable goods
that were purchased with the help of government subsidies for fuel efficient
cars and electronics, she said.
* The index on asset prices, which is not one of the four sub-indexes used
to calculate overall consumer confidence, showed its first month-on-month rise
in two months, up 1.8 points in July after dipping 0.3 point in the previous
month.
* The survey also showed that the public's inflation expectations for 12
months ahead fell in July. The share of those projecting price rises decreased
to 75.8% from 79.2% in June. It was the first drop in two months. The share of
respondents forecasting lower prices increased to 4.2% from 3.7%, the first rise
in two months. The pace of the year-on-year rise in the consumer price index has
been slow.
--MNI Tokyo Bureau; tel: +81 90-4670-5309; email: max.sato@marketnews.com
[TOPICS: MAJDS$,M$A$$$,M$J$$$]
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.