Consumer confidence index on durable goods purchases in Japan 2022-2024
In February 2024, consumer confidence in the willingness to purchase durable goods among two-or-more person households in Japan remained low, reaching 33.5 index points. Multi-person households were asked to assess their tendency to spend on durable consumer goods in monthly surveys, with an index of 50 points hinting at a neutral sentiment. The results of the past year revealed low enthusiasm toward durable consumer goods purchases among Japanese households, despite the gradual shift towards optimism in 2024.
