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

On September 8, 2025, the Cabinet Office of Japan released the September Economy Watchers Outlook Index. The reported value was 47.5; no consensus forecast was available, and the previous value was also 47.5.Definition: This survey targets individuals such as taxi drivers, hotel staff, and restaurant employees—workers who are closely attuned to consumer and retail sector trends. The index is compiled based on their insights. The Cabinet Office of Japan has published this data since August 2001.Market Impact: If the actual figure exceeds expectations, it is considered supportive for the Japanese yen.This data is rated as medium importance (level 2). The survey methodology focuses on workers whose job roles provide clear visibility into consumer spending. It is released monthly, with the next publication scheduled for November 11, 2025.

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