Japan manufacturers’ confidence improves


  • Economy Premium
  • Friday, 22 Aug 2014

TOKYO: Confidence at Japanese manufacturers inched up in August to mark the first improvement since April, but the service sector’s mood soured for the second straight month, a Reuters poll showed, reflecting a tame economic recovery from April’s sales tax rise.

A separate survey showed manufacturing activity accelerated in August as export and domestic demand increased in another sign that the economy is steadying after the sales tax hike.

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Business , Japan , manufacturing , PMI

   

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