Sentiment down on Japan's Economy Watchers survey

14:37, November 10, 2009      

Email | Print | Subscribe | Comments | Forum 

Sentiment on the economy in Japan has fallen, according to data from the Economy Watchers Survey, which was released by the cabinet office on Tuesday.

Sentiment stood at 40.9 in October, down from 41.3 in September. In August, sentiment was also down, and the rise in September was in part due to "Silver Week," a series of national holidays that led to consumers spending more.

The survey signals that the impact of stimulus measures in Japan may now be starting to wear off.

Sentiment on future conditions also dropped, from 44.5 to 42.8,with factors such as winter bonus amounts declining cited as reasons for the fall.

Japan has seen conditions in its production sector improve over the last few months, but households continue to feel the pinch after the economy went into decline in the aftermath of the credit crisis that started in the United States last summer.

The Economy Watchers Survey calculates sentiment in Japan by asking questions to people with direct links to consumers, such as hairdressers, restaurant owners and taxi drivers, and converting their answers into statistics.

Source: Xinhua
  • Do you have anything to say?
Special Coverage
  • President Hu visits Malaysia, Singapore, attends APEC summit
Major headlines
Editor's Pick
Most Popular
Hot Forum Dicussion