On September 8, 2025, Japan’s Cabinet Office released the September Economy Watchers Current Index. The reported value was 47.0, matching the forecast of 47.0, with a previous reading of 46.7.This index gauges workers’ perceptions of economic activity and serves as a key leading indicator for predicting consumer spending, which is a major component of overall economic activity. Readings above 50.0 indicate optimism, while values below 50.0 suggest pessimism. The latest figure, coming in above the previous reading and matching forecasts, is considered positive for the Japanese yen.The data carries a medium importance rating (level 2) and is compiled from surveys of approximately 2,000 workers. The index is published monthly, with the next release scheduled for November 11, 2025.
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