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Japan Consumer Confidence Falls from 35.4 to 35.0

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Japanese consumer confidence declined to 35 in October from 35.4 previously, missing the 35.1 forecast slightly. The decline signals weakening sentiment despite recent services PMI strength and accelerating inflation, raising questions about whether household expectations remain anchored ahead of today's BOJ policy decision and core CPI release.
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1 hour ago

Japan Consumer Confidence Falls from 35.4 to 35.0 in October

Japan's consumer confidence index declined to 35.0 from 35.4, a modest deterioration amid sticky inflation at 2.1% and recent services PMI strength. The weakness sits ahead of today's Core CPI and BOJ policy decision, both key to JPY direction and rate-path expectations.

https://x.com/FirstSquawk/status/2115670975585071110

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