Japan service sector sentiment improves in Oct

Written by on November 9, 2021

November 9, 2021

TOKYO (Reuters) – Japan’s service sector sentiment index rose 13.4 points to 55.5 in October, a Cabinet Office survey showed on Tuesday, as the government eased state-of-emergency curbs last month and new COVID-19 cases plunged to the lowest levels in more than a year.

The index, which was at 42.1 in September, is based on a survey of workers such as taxi drivers, hotel workers and restaurant staff who are called “economy watchers” for their proximity to consumer and retail trends.

(Reporting by Kentaro Sugiyama; Writing by Kantaro Komiya; Editing by Chang-Ran Kim)

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