- Analytics
- News and Tools
- Market News
- Japan's service sector sentiment worsened in January
Japan's service sector sentiment worsened in January
Reuters reports that a Cabinet Office survey showed that Japan's service sector sentiment index worsened for a third straight month in January, hitting its lowest since last May after a state of emergency was reimposed in Tokyo areas and some other prefectures.
The survey of workers such as taxi drivers, hotel workers and restaurant staff showed their confidence about current economic conditions declined 3.1 points from December to 31.2.
It was the lowest level since the index hit 17.0 in May 2020, when the economy was reeling from the first wave of the pandemic and suffered its worst post-war slump.
Re-assessing the economy based on the survey's findings, the government said the economy was now weakening, downgrading its view for a third straight month.
The service sector sentiment outlook index, which indicates the level of confidence in future conditions, rose 3.8 points to 39.9 in January, up for a second straight month.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
