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Japan's Cabinet Office released its consumer confidence index on Wednesday. The consumer confidence index rose to 41.5 in October from 40.6 in September, exceeding expectations for a gain to 41.4.
The increase was driven by rises in all sub-indexes. The overall livelihood sub-index increased to39.6 in October from 38.8 in September, the income growth sub-index was up to 40.0 from 39.4, the employment sub-index climbed to 45.9 from 44.9, while the willingness to buy durable goods sub-index rose to 40.3 from 39.1.
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