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Japanese March Small Business Confidence Improves

Japanese small business confidence rose to 48.7 in March from 45.3 in February, data from Shoko Chukin Bank showed Tuesday. However, a reading below 50 indicates that pessimists outnumber optimists.

Confidence among manufacturers rose to 48.7 from 44.7 a month ago. In April, confidence is expected to fall again to 44.7.

At the same time, non-manufacturers' confidence improved to 48.7 in March from 45.7 in February. It is seen easing to 47.7 in April.

by RTT Staff Writer

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