Japan manufacturers' gloom eases slightly but pandemic woes remain


Tuesday's survey found that the mood of manufacturers rose to minus 33 in August from minus 44 the previous month, its highest since February. The service-sector gauge was at minus 23 from minus 26.

TOKYO: Japan's manufacturers were their least pessimistic in four months in August, the Reuters Tankan survey of business sentiment showed on Tuesday, but signalled a slow recovery from the coronavirus pandemic.

The reading highlights the immense task policymakers face to pull the economy out of its deepest recession on record after the coronavirus pandemic pummelled corporate and household activity.

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