Ser­vice sec­tor sen­ti­ment im­proves

China Daily (USA) - - BUSINESS -

Sen­ti­ment in Ja­pan’s ser­vice sec­tor im­proved in Septem­ber for the first time in three months, ow­ing in part to ro­bust sales of sea­sonal cloth­ing, the govern­ment said in a re­port. Ac­cord­ing to the Cabi­net Of­fice’s monthly sur­vey, the cur­rent con­di­tions in­dex rose 1.6 points from Au­gust to 51.3, mark­ing the first im­prove­ment in three months. The govern­ment up­wardly re­vised its view of the econ­omy for the first time since May, stat­ing that the econ­omy has “im­proved steadily”. This com­pares to its pre­vi­ous month’s as­sess­ment that the econ­omy “con­tin­ues to pick up.” Ro­bust sales of goods for the au­tumn sea­son helped push the in­dex up, a cabi­net of­fi­cial was quoted as say­ing. Th­ese in­cluded cloth­ing and goods at de­part­ments stores, cloth­ing stores and drug stores. Tem­per­a­tures fall­ing in Septem­ber ear­lier than usual was an­other rea­son for th­ese sea­sonal items sell­ing more than usual.

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