The Index displays consumers’ mood optimism concerning current Japanese economic conditions. It is calculated on the basis of monthly survey, in which some respondents estimate the perspectives of country’s economy. It exerts a moderate influence on financial market because the indicator can not reflect a real country’s economical state. However, the Consumer Confidence Index is traditionally used for forecasting the tendency of able-bodied population and the state of economy. The growth of this indicator exerts a positive influence on national currency, but its decrease leads to yen’s downfall.
