Economic Buzz: Japan's consumer confidence weakens in October

Japan's seasonally adjusted Consumer Confidence Index fell 0.4 points from the previous month to 35.0 in October, according to a report released on Thursday by the country's Cabinet Office.

The overall livelihood index declined 0.6 points to 33.2, while employment fell 0.6 points to 39.4. Income growth eased 0.1 points to 40.4 and consumers' willingness to buy durable goods dropped 0.5 points to 26.8.

The share of respondents expecting prices to rise over the next year increased 0.2 percentage points to 90.8%.Those anticipating stable prices accounted for 3.8%, unchanged from the previous month, while the number of people expecting a fall in prices rose by 0.2 percentage points to 3.5%.

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