Japan's economy watchers' assessment of the current as well as future economic conditions deteriorated further in October, a key survey revealed Thursday.
Eco Watchers' survey results released by the Cabinet Office showed that the indicator reflecting assessment of the current economic situation fell to 39 in October from 41.2 in the previous month.
Economists expected the reading to drop to 40.5. The indicator has now fallen for three consecutive months.
The outlook index, that reflects the assessment of future economic situation in Japan, fell to 41.7 in October from 43.5 in September. The index has now declined for a six consecutive months.
by RTT Staff Writer
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