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Japan service sector sentiment improves in Nov as COVID-19 cases ease -Breaking

by Mike Robinson

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TOKYO (Reuters – Japan’s service sector sentiment index rose 0.8 to 56.3 in December to mark the third consecutive month with an increase. A Cabinet Office survey revealed Wednesday that COVID-19 claims remained low while face-to-face visits saw customers returning.

This index reached its highest point in almost eight years. It is based upon a survey of taxi drivers, restaurant workers, and hotel staff, who were called “economy monitors” because they are close to retail and consumer trends.

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