Japan's Dec. consumer confidence falls amid virus resurgence

Japan’s consumer confidence in December saw the first decline in four months, dented by the resurgence of novel coronavirus infections across the country, government data showed Wednesday. The seasonally adjusted index of sentiment among households made up of two or more people fell to 31.8 from 33.7 in November, according to the Cabinet Office. The index gives an indication of consumers’ economic expectations for the coming six months, with a reading below 50 suggesting pessimists outnumber optimists. The result of the survey, conducted between Dec. 8 and 21, came as Prime Minister Yoshihide …

Read More

HEDGE accordingly