Japanese consumer confidence misses forecast in September

Japanese consumer confidence missed expectations in September, official figures released on Tuesday showed.

According to data from the Cabinet Office, Japanese consumer confidence declined from 41.7 to 40.6 last month, falling short of the 40.6 reading analysts had expected.

The overall livelihood sub-index fell 1.3 points to 38.8, while the indicator for income growth fell 0.5 to 39.4 last month.

Meanwhile, the gauge monitoring employment slid from 46.3 to 44.9 and the willingness to purchase durable goods dropped from 40.3 to 39.1.