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Japan Consumer Sentiment Weakens In September

Japan's consumer confidence weakened more than forecast in September, survey data from Cabinet Office showed Tuesday.

The consumer confidence index fell to 40.6 in September from 41.7 in August. It was expected to fall marginally to 41.6.

The survey was conducted on September 15 among 8,400 households.

All sub-components of consumer confidence declined from prior month. The overall livelihood sub-index slid 1.3 points to 38.8 and the indicator for income growth dropped 0.5 to 39.4 in September.

The reading for employment came in at 44.9, down from 46.3 in August. Similarly, the willingness to buy durable goods declined 1.2 to 39.1.

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