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MarketScreener Homepage  >  Currencies  >  Euro / Japanese Yen (EUR/JPY)    EURJPY   

EURO / JAPANESE YEN (EUR/JPY)

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Japan households' confidence slumps to decade low-BOJ

10/22/2020 | 12:48am EST

TOKYO, Oct 22 (Reuters) - Japanese households' confidence in the economy slumped to a decade-low in the three months to September, a central bank survey showed, underscoring the pain the coronavirus pandemic has inflicted on the world's third-largest economy.

The diffusion index gauging households' sentiment on current economic conditions hit -75.6 in September, worse than -71.2 in June, the Bank of Japan's quarterly survey showed on Thursday.

Of those surveyed, 63.3% also said they expect prices to rise a year from now, down from 66.7% in June, the survey showed. (Reporting by Leika Kihara; Editing by Kim Coghill)


© Reuters 2020
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