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MNI BRIEF: BOJ: Japan March Sentiment Drops, Price Outlook Up

(MNI) Tokyo
TOKYO (MNI)

Household sentiment in Japan fell in March from three months ago for the first drop in six quarters and the outlook index fell for the first drop in two quarters, the Bank of Japan's quarterly consumer survey released on Thursday showed.

The BOJ's diffusion index to gauge households' sentiment on current economic conditions fell 8.0 points to -53.8 in March with more people saying sentiment had worsened judging from incomes levels and shopping patterns.

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Household sentiment in Japan fell in March from three months ago for the first drop in six quarters and the outlook index fell for the first drop in two quarters, the Bank of Japan's quarterly consumer survey released on Thursday showed.

The BOJ's diffusion index to gauge households' sentiment on current economic conditions fell 8.0 points to -53.8 in March with more people saying sentiment had worsened judging from incomes levels and shopping patterns.

Keep reading...Show less