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Japan's consumer confidence index posted the second straight m/m rise in July as most components improved from the previous month, but a Cabinet Office official said it was still below pre-Covid-19 levels and the assessment was left unchanged, data released on Monday showed.
The index rose to 37.5 in July from 37.4 in June, the latest Consumer Confidence Survey data showed.
Consumers were more optimistic in the three out of the four components: overall economic well-being, income conditions and the labour market situation. The willingness to buy durable goods fell from the previous month.
The share of respondents projecting consumer price gains fell to 79.3% in July after rising to 79.9% in June. The share of respondents forecasting lower prices fell to 4.8% in July from June's 5.1%.The latest survey was conducted from July 7 to July 20, when the government decided on extending a state of emergency in Tokyo.