Japan economy watchers survey May current view 8 June 2016
- 43.5 prev
- outlook 47.3 vs 45.9 exp vs 45.5 prev
The Economy Watchers Current Index measures the current mood of businesses that directly service consumers, such as barbers, taxi drivers, and waiters. The data is compiled from a survey of about 2,000 workers. A reading above 50.0 indicates optimism; below indicates pessimism.
Not a lot of love out there for Abenomics still but the govt says of the report:
- firms can't raise sales prices while costs rising
- summer bonuses, capex rise expected
USDJPY 107.01 with Nikkei steady around 16,770, +0.57%
