Japan service sector sentiment 49.8 in April

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TOKYO, May 13 (BestGrowthStock) – Japan’s service sector sentiment
index rose to 49.8 in April, its highest in three years, 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 climbed from 47.4 in March.

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 49.9 from 47.0 in March.

Stock Investing
(Reporting by Hideyuki Sano)

Japan service sector sentiment 49.8 in April