Japan's service-sector mood sours on rising cost of living

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TOKYO : Japan's service-sector sentiment worsened in February for the second straight month, a government survey showed on Monday, a sign the rising cost of living was weighing on consumption. An index measuring sentiment among service-sector firms, like taxi drivers and restaurants, stood at 45.6 in February, down 3.0 points from January and hitting the lowest level since July 2022, the government's "economy watchers" survey showed. "A moderate recovery trend continues, though some weak signs

Japan's service-sector mood sours on rising cost of living https://www.channelnewsasia.com/ - 11:34

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Japan's service-sector mood sours on rising cost of living https://www.channelnewsasia.com/ - 11:34