Consumer Confidence Index

The Consumer Confidence released by the Cabinet Office captures the level of sentiment that individuals have in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. Normally, a result above 50 is positive (or bullish) for the JPY, whereas a result below 50 is seen as bearish.

STARTED - Tuesday 1 September 2026 05:00

The typical/expected market impact of this event is low.

Previous
34.9
Revised
-
Forecast
35
Actual
35.5

Higher numbers than forecast tend to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.

Trading range

Forecast history

The most recent announced value for Consumer Confidence Index was 35.5 against a forecast of 35.

Past events

Date
Forecast
Actual
Tuesday 1 September 2026 05:00
35
35.5
Thursday 30 July 2026 05:00
34.2
34.9
Wednesday 1 July 2026 05:00
34
33.8
Friday 29 May 2026 05:00
32
33.6
Thursday 30 April 2026 05:00
33.1
32.2
Thursday 9 April 2026 05:00
38
33.3
Wednesday 4 March 2026 05:00
38.2
40
Thursday 29 January 2026 05:00
38
37.9
Thursday 8 January 2026 05:00
37.8
37.2
Tuesday 2 December 2025 05:00
35.9
37.5
Wednesday 29 October 2025 05:00
35.6
35.8
Thursday 2 October 2025 05:00
35.2
35.3
Friday 29 August 2025 05:00
33.5
34.9
Thursday 31 July 2025 05:00
35.1
33.7
Tuesday 1 July 2025 05:00
33.6
34.5
Thursday 29 May 2025 05:00
31.8
32.8
Thursday 1 May 2025 05:00
34
31.2
Wednesday 9 April 2025 05:00
34.7
34.1
Tuesday 4 March 2025 05:00
35.7
35
Wednesday 29 January 2025 05:00
36.5
35.2
Wednesday 8 January 2025 05:00
36.6
36.2
Friday 29 November 2024 05:00
36.4
36.4
Wednesday 30 October 2024 05:00
37
36.2
Wednesday 2 October 2024 05:00
37.1
36.9
Thursday 29 August 2024 05:00
-
36.7
Wednesday 31 July 2024 05:00
36.5
36.7
Monday 1 July 2024 05:00
36.5
36.4
Wednesday 29 May 2024 05:00
38.9
36.2
Thursday 2 May 2024 05:00
39.7
38.3
Tuesday 9 April 2024 05:00
39.7
39.5
Friday 1 March 2024 05:00
-
39.1
Wednesday 31 January 2024 05:00
37.6
38
Friday 5 January 2024 05:00
-
37.2
Thursday 30 November 2023 05:00
35.6
36.1
Tuesday 31 October 2023 05:00
35.1
35.7
Friday 29 September 2023 05:00
-
35.2

Economic context

Recent economic data has been strongly bullish for JPY. Other recent announcements which may affect the market's interpretation of the next Consumer Confidence Index result:

PreviousLatest
Large Retailer SalesBullish change-1%1.4%
Retail Trade (YoY)Bullish change0.6%4%
Retail Trade s.a (MoM)Bullish change-3.9%2.4%
Tokyo Consumer Price Index (YoY)Bullish change1.8%1.9%
Tokyo CPI ex Food, Energy (YoY)Bullish change1.8%2%
Tokyo CPI ex Fresh Food (YoY)Bullish change1.7%1.8%
Unemployment RateBullish change2.5%2.4%
National Consumer Price Index (YoY)Bullish change1.6%1.9%
National CPI ex Food, Energy (YoY)Bullish change1.7%1.8%
National CPI ex Fresh Food (YoY)Bullish change1.6%1.8%
Adjusted Merchandise Trade BalanceBullish change¥-927.1B¥-686B
Exports (YoY)Bullish change19.3%23.2%
Imports (YoY)Bullish change25.4%27.8%
Merchandise Trade Balance TotalBearish change¥-409.9B¥-634.5B

About Consumer Confidence Index

Country:Japan
Currency:JPY
Source:Japanese Cabinet Office
Category:Consumption
Frequency:Monthly
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