FX.co ★ Japan Consumer Morale Lowest in 10 Months

Japan’s consumer confidence index fell to 33.3 in March 2026, down from a downwardly revised 39.7 in February, when it had reached its highest level since April 2019. The latest reading came in below market expectations of 38 and marked the lowest level since May 2025. All major components declined: overall livelihood slipped to 29.7 from 39.7 in February, income growth to 39.8 from 42.5, employment outlook to 37.6 from 44.0, and willingness to purchase durable goods to 26.0 from 33.9.