Japan business mood sours in April-June as Middle East war hits
Female office workers wearing high heels and clothes of the same colour walk at a business district in Tokyo, Japan, June 4, 2019. REUTERS/Kim Kyung-Hoon
Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
TOKYO, June 11 : Japanese business sentiment soured in April-June for the first time in four quarters, a government survey showed on Thursday, a sign of growing economic pain from the Middle East conflict.
An index measuring big companies’ sentiment fell to -0.5 per cent point in the second quarter following a reading of +4.4 points in January-March, the survey showed.
The index gauging small firms’ sentiment slumped to -17.6 points from -12.9 points, according to the survey compiled by the Ministry of Finance.
The index is measured by the difference between companies that replied business conditions as improving versus those that felt conditions worsened.
Source: Reuters
Sign up for our newsletters
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
About The Author
