Japan service sector sentiment falls in May

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TOKYO, June 8 (BestGrowthStock) – Japan’s service sector sentiment
index fell to 47.7 in May, a Cabinet Office survey showed on
Tuesday, the first fall in six months.

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 fell from 49.8 in April.

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

The outlook index, indicating the level of confidence in
future conditions, fell to 48.7 from 49.9 in April.

Stock Report
(Reporting by Hideyuki Sano)

Japan service sector sentiment falls in May