TOKYO (Reuters) - Japanese consumer confidence fell in August for a third consecutive month, a Cabinet Office survey showed on Monday, as people turned more cautious about wages and labor demand.
The survey’s sentiment index for general households, which includes views on incomes and jobs, was 43.0, down from 43.6 in July.
A reading below 50 suggests consumer pessimism.
Japan’s Cabinet Office lowered its assessment of consumer sentiment, saying improvement has stopped. Last month the Cabinet Office said the pace of improvement in consumer confidence was slowing.
For full details go to the Cabinet Office website at:
Reporting by Stanley White and Dominic Lau; Editing by Edmund Klamann