Japanese Consumer Confidence Deteriorates Again In December

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Japanese consumer confidence dropped to 37.9 in December from 39.9 last month, a monthly survey conducted by the Cabinet Office showed Tuesday. At the same time, households' consumer confidence weakened to 37.6 from 39.5 in November.

Among the four sub indices of households' consumer confidence, three showed a declining trend. The index measuring overall livelihood slipped to 38.2 from 40.4 and the income growth stood at 36.1 in December, down from 37.7 in November. The indicator for employment fell sharply to 30.8 from 35. Meanwhile, willingness to buy durable goods rose to 45.1 from 44.8 in November.

Japanese consumer confidence dropped to 37.9 in December from 39.9 last month, a monthly survey conducted by the Cabinet Office showed Tuesday. (Market News Provided by RTTNews)