{"id":437,"date":"2011-07-18T05:40:49","date_gmt":"2011-07-18T11:40:49","guid":{"rendered":"http:\/\/ubune.com\/blog\/?p=437"},"modified":"2011-07-10T23:41:16","modified_gmt":"2011-07-11T05:41:16","slug":"japan-consumer-confidence-falls-after-quake","status":"publish","type":"post","link":"http:\/\/ubune.com\/blog\/2011\/07\/18\/japan-consumer-confidence-falls-after-quake\/","title":{"rendered":"Japan consumer confidence falls after quake"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.straitstimes.com\/STI\/STIMEDIA\/image\/20110419\/jfoodd.afp.jpg\" alt=\"Japan\" \/><\/p>\n<p>JAPANESE consumer confidence fell in March from the previous month to its lowest since June 2009 as a record earthquake, tsunami and a nuclear emergency cast a shadow over the economy.<\/p>\n<p>Analysts said the data bolstered the view that the March 11 disasters will force the world&#8217;s third largest economy to contract this quarter amid ongoing power shortages and production shutdowns across key industries.<\/p>\n<p>Many see Japan sliding into a temporary recession after the quake and tsunami devastated infrastructure and manufacturing facilities in the north-east, as the nation plunged into its worst crisis since World War II.<\/p>\n<p>The latest data showed Japanese consumer confidence took a hit, although analysts warned the survey was taken at the early stages of a disaster whose full impact continues to emerge.<\/p>\n<p>The consumer sentiment index fell to 38.6 in March, from a seasonally adjusted 41.2 in February, Cabinet Office data showed. Readings below 50 indicate pessimism outweighing optimism.<\/p>\n<p>It was the lowest reading since 36.6 in June 2009, but beat some forecasts of a plunge to around 30. <\/p>\n<p>Photo by AFP<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JAPANESE consumer confidence fell in March from the previous month to its lowest since June 2009 as a record earthquake, tsunami and a nuclear emergency cast a shadow over the economy. Analysts said the data bolstered the view that the March 11 disasters will force the world&#8217;s third largest economy to contract this quarter amid [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/ubune.com\/blog\/wp-json\/wp\/v2\/posts\/437"}],"collection":[{"href":"http:\/\/ubune.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ubune.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ubune.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/ubune.com\/blog\/wp-json\/wp\/v2\/comments?post=437"}],"version-history":[{"count":2,"href":"http:\/\/ubune.com\/blog\/wp-json\/wp\/v2\/posts\/437\/revisions"}],"predecessor-version":[{"id":488,"href":"http:\/\/ubune.com\/blog\/wp-json\/wp\/v2\/posts\/437\/revisions\/488"}],"wp:attachment":[{"href":"http:\/\/ubune.com\/blog\/wp-json\/wp\/v2\/media?parent=437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ubune.com\/blog\/wp-json\/wp\/v2\/categories?post=437"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ubune.com\/blog\/wp-json\/wp\/v2\/tags?post=437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}