Japan consumer mood worsens in Nov, govt cuts view

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Mon Dec 12, 2011 12:09am EST

TOKYO, Dec 12 (Reuters) - Japanese consumer confidence
in November worsened from the previous month, a Cabinet Office
survey showed on Monday, suggesting that turmoil from Europe's
debt crisis and slowing global growth are weighing on sentiment.	
    The survey's sentiment index for general households, which 
includes views on incomes and jobs, was 38.1 in November, down
from 38.6 in October.	
    The Cabinet Office downgraded its assessment to say that
consumer confidence is almost flat. Previously, it had said the
pace of pickup in consumer confidence was moderating.	
    A reading below 50 suggests consumer pessimism.	
    Following is a comparison with previous months:	
                         NOV     OCT      SEPT       AUG 	
 General households      38.1    38.6     38.6       37.0
    The survey began in 1982. "General households" are those
with two or more people.(Reporting by Stanley White; Editing by Chris Gallagher)
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