Japan's seasonally adjusted Consumer Confidence Index decreased in March when compared to the previous month, down by 2.4 points to land at 32.8, according to a report released on Friday by the country's Cabinet Office.
The overall livelihood index dropped by 3.9 points from the previous month to 31.3, while the employment index marked a 1.2-point contraction, ending at 34.8. The income growth indicator was down by 0.8 points in the meantime to stand at 34.8, with the willingness to buy durable goods declining 3.7 points to fall to 27.8.
The percentage of survey respondents who revealed they expect the prices to rise in the upcoming year increased by 1.1% in March to reach 92.8%, while 3.5% of the people saw the prices staying the same and only 2% of the survey respondents claimed they see the prices going down in the period to come.
