Japan September Economy Watchers Outlook Index: A Bullish Signal for the Yen

On September 8, 2025, Japan's Cabinet Office released the Economy Watchers Outlook Index for September. The reported figure was 47.8, in line with the forecast of 47.8, compared to a previous reading of 47.5.Data Definition: This survey targets individuals such as taxi drivers, hotel staff, and restaurant employees—groups closely attuned to consumer and retail trends. Their responses are compiled into an index. The Cabinet Office has been publishing this data since August 2001.Market Impact: A reading above expectations is considered supportive for the Japanese yen.This indicator carries a moderate importance level (2). The statistical methodology involves surveying workers whose occupations provide direct insight into consumer spending patterns. The index is released monthly, with the next publication scheduled for November 11, 2025.

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