Japanese consumer confidence worsened for the first time in four months in August, an official survey suggests.
According to the Cabinet Office, the consumer sentiment index was 41.2 in August, down from 41.5 in July.
An index reading of 50 indicates there are equal numbers of optimists and pessimists.
The survey, which includes views on incomes and jobs, comes just a day after data showing Japan’s economy shrank 1.8% between April and June.
The worse-than-expected fall in GDP was blamed in part on a rise in the nation’s consumer sales tax introduced in April to 8% from 5%.
Another rise is planned for 2015.
via BBC 
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