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--Japan Jan Consumer Confidence Index 39.1 Vs Dec 39.1
--Japan Govt Keeps View: Consumer Confidence Improving
TOKYO (MNI) - Japan's January consumer confidence index was unchanged from
December's level, a seasonally adjusted 39.1, the latest Consumer Confidence
Survey published by the Cabinet Office showed Wednesday.
-- The unchanged outcome in January followed a 0.4 point rise to 39.1 in
December. The index highlighted a bright outlook for purchases of durable goods
and for the labour market, although the outlook was less rosy for income and
overall economic well-being.
-- The Cabinet Office kept to its assessment unchanged from the previous
month, saying consumer confidence was "improving".
-- Consumers were more optimistic on two out of the four key sentiment
sectors; labor market condition and that the next six months would be good time
to buy durable goods.
-- The sub-index on asset prices, not included in calculating overall
consumer confidence, rose 0.7 points to 40.4 after falling 0.4 points to 39.7 in
-- The share of respondents projecting consumer price gains fell to 78.2%
in January, after rising 0.7 points to 78.8% in December. The share of
respondents forecasting lower prices rose to 4.8% in January from 4.6% in
December, for the first rise in three months.
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