Japan service sector sentiment improves in Sept to 2-1/2-year high
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[TOKYO] Japan's service sector sentiment index rose in September to the highest level in 2-1/2 years, a Cabinet Office survey showed on Thursday, showing an improvement in business conditions although concerns remained over the impact of the coronavirus pandemic.
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 grew 5.4 points to 49.3 from August.
The Cabinet Office, in its assessment, said the index is picking up but that worries over the coronavirus have persisted.
REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
