Japan service sector sentiment worsens in September
[TOKYO] Japan's service sector sentiment index fell to 47.5 in September, a Cabinet Office survey showed on Thursday.
The survey of workers such as taxi drivers, hotel workers and restaurant staff - called "economy watchers" for their proximity to consumer and retail trends - showed their confidence about current economic conditions slipped from 49.3 in August.
The outlook index, indicating the level of confidence in future conditions, rose to 49.1 in September from 48.2 the previous month.
The Cabinet Office started compiling the data in comparative form in August 2001.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Bank of Japan upbeat on consumption, service price outlook
Any pivot on rates by Fed will mean more blood in stock markets
IMF boosts Asia growth forecast this year on China, India
Australian retail sales unexpectedly decline, currency drops
South Korea’s March factory output falls most in 15 months
Deflation reaches UK stores as non-food prices fall 0.6%