• Bloomberg

  • SHARE

Merchants in November became the most pessimistic they’ve been in four years as stagnant wages and record gasoline prices prompt consumers to pare spending.

The Economy Watchers index, a survey of barbers, shopkeepers and others who deal with consumers, fell for an eighth month to 38.8 from 41.5 in October, the Cabinet Office said Monday. A number less than 50 means pessimists outnumber optimists.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW