Japan service sector sentiment 47.4 in March

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TOKYO, April 8 (BestGrowthStock) – Japan’s service sector sentiment
index rose to 47.4 in March, the highest in three years and
improving for a fourth straight month, a Cabinet Office survey
showed on Thursday.

The survey of workers such as taxi drivers, hotel workers and
restaurant staff — called “economy watchers” for their proximity
to consumer and retail trends — showed their confidence about
current economic conditions rose from 42.1 in February.

The Cabinet Office started compiling the data in comparative
form in August 2001.

The outlook index, indicating the level of confidence in
future conditions, rose to 47.0 from 44.8 in February.

Stock Market
(Reporting by Hideyuki Sano)

Japan service sector sentiment 47.4 in March