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MNI BRIEF: Japan May Confidence Marks 2nd Straight Drop

(MNI) Tokyo
(MNI) TOKYO

Japan's consumer confidence index fell to 36.2 in May from 38.3 in April, its second straight drop and its lowest level since October 2023 as all components worsened over the month, the Cabinet Office on Wednesday revealed.

Consumer confidence is marking time and the downward revision is the first since September 2023, the office added.

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Japan's consumer confidence index fell to 36.2 in May from 38.3 in April, its second straight drop and its lowest level since October 2023 as all components worsened over the month, the Cabinet Office on Wednesday revealed.

Consumer confidence is marking time and the downward revision is the first since September 2023, the office added.

Keep reading...Show less