RTTNews - Japan's consumer confidence improved to 36.3 in May from 33.2 logged in the previous month, a monthly survey from the Cabinet Office revealed Friday. The indicator stood above the expected reading of 34.
Meanwhile, households' consumer confidence was 35.7, up from 32.4 in April. All the four sub indicators of the index improved from the prior month. Assessment of overall livelihood moved up to 36.3 from 33.8, while income growth stood at 35.3, larger than the 33.4 in April. At the same time, index for employment and willingness to buy durable goods rose to 28 and 43.1, respectively.
The survey was conducted on May 15, covering 6,720 households.
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