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MNI BRIEF: BOJ: Japan Sept Sentiment Rises; Price Outlook Up

(MNI) Tokyo
(TOKYO)

Household sentiment in Japan rose in September from three months ago for the fourth consecutive quarter but the outlook index fell for the second straight drop, the Bank of Japan's quarterly consumer survey released Monday showed.

The BOJ's diffusion index to gauge households' sentiment on current economic conditions rose 6.3 points to -55.3 in September. About 9.0% said income rose from a year earlier, up from 7.1% in June. The consumer sentiment outlook index projecting conditions a year ahead fell 4.9 points to -19.8 in September.

The proportion of respondents expecting prices to rise next year stood at 68.2% in September, up from 66.8 in June.

The survey was conducted between August 6 and September 1. Of the 4,000 people polled, 2,209, or 55.2%, responded. The upbeat outlook follows a Cabinet office assessment showing an upswing last week.

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
DataPolicy NewsHomepageAPACBank of Japan (BOJ) Market NewsJapanData StoriesBank of JapanStoryRegionCentral Bank News
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
DataPolicy NewsHomepageAPACBank of Japan (BOJ) Market NewsJapanData StoriesBank of JapanStoryRegionCentral Bank News

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