Japanese Consumer Confidence Fell in February

The Japanese Cabinet Office reported today that household confidence in Japan fell for the third consecutive month, reflecting rising uncertainty and commodity prices.

The confidence index for households with two or more members fell 1.4 points from January to 35.3 in February.

The household confidence index indicates how consumers assess the economy over the next six months. A figure below 50 indicates that consumers have a negative view of the economic outlook.

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