The typical/expected market impact of this event is low.
The consensus forecast for Consumer Confidence Index is 38.2. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
Lower numbers than forecast tend to be bullish for xxx/JPY pairs and bearish for JPY/xxx pairs.
The most recent announced value for Consumer Confidence Index was 37.9 against a forecast of 38.
Recent economic data has been broadly neutral for JPY. Other recent announcements which may affect the market's interpretation of the next Consumer Confidence Index result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Unemployment Rate | Bearish change | 2.6% | 2.7% | ||
| Large Retailer Sales | Bullish change | 2% | 3% | ||
| Retail Trade (YoY) | Bullish change | -0.9% | 1.8% | ||
| Retail Trade s.a (MoM) | Bullish change | -2% | 4.1% | ||
| Tokyo Consumer Price Index (YoY) | Bullish change | 1.5% | 1.6% | ||
| Tokyo CPI ex Food, Energy (YoY) | Bearish change | 2% | 1.8% | ||
| Tokyo CPI ex Fresh Food (YoY) | Bearish change | 2% | 1.8% | ||
| National Consumer Price Index (YoY) | Bearish change | 2.1% | 1.5% | ||
| National CPI ex Food, Energy (YoY) | Bearish change | 2.9% | 2.6% | ||
| National CPI ex Fresh Food (YoY) | Bearish change | 2.4% | 2% | ||
| Adjusted Merchandise Trade Balance | Bullish change | ¥-62.6B | ¥455.5B | ||
| Exports (YoY) | Bullish change | 5.1% | 16.8% | ||
| Imports (YoY) | Bearish change | 5.2% | -2.5% | ||
| Merchandise Trade Balance Total | Bearish change | ¥113.5B | ¥-1152.7B |
| Country: | Japan |
|---|---|
| Currency: | JPY |
| Source: | Japanese Cabinet Office |
| Category: | Consumption |
| Frequency: | Monthly |