Japan’s Cabinet Office released its consumer confidence index on Monday. The consumer confidence index fell to 40.8 in April from 41.7 in March.
The decrease was driven by drops in 3 of 4 sub-indexes. The overall livelihood sub-index decreased to 39.6 in April from 40.5 in March, the income growth sub-index was up to 40.8 from 40.6, the employment sub-index fell to 42.8 from 43.9, while the willingness to buy durable goods sub-index slid to 39.8 from 41.7.
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