The Straits Times
Published on Oct 11, 2012

Japan consumer sentiment down in September


TOKYO (AFP) - Japanese consumer sentiment worsened slightly last month, indicating that the nation's household spending remains stagnant, the government said.

The confidence index of households made up of two or more people stood at 40.1 last month, down from 40.5 in August, the Cabinet Office said in a monthly survey.

Of the index's four components, livelihood, employment conditions and the timing of new durable goods purchases showed declines, while income growth marked slight advances.

"Current levels of the index are still below its overall average of 42, but consumer sentiment has recovered from a dip of around 33 following last year's disaster," a government official said.