Japan manufacturers' mood down again amid recession fears


  • Business Premium
  • Thursday, 15 Oct 2015

TOKYO: Japanese manufacturers' confidence worsened for the second straight month and is expected to fade going forward, a Reuters poll showed, adding to lingering fears of a recession and keeping policymakers under pressure to deploy fresh stimulus.

Service-sector sentiment bounced from the prior month's fall but is seen worsening again over the next three months, in a sign of the fragility in private consumption which accounts for roughly 60 percent of the economy.

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