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Japan Small Business Confidence Rises For Second Month

Confidence among Japan's small scale businesses improved for a second consecutive month in January, data released by the Shoko Chukin Bank showed Tuesday.

The small business confidence index increased to 44.3 in January from 43.8 in December.

Japanese manufacturers were slightly more upbeat about their businesses in January, with the relevant sub-index rising to 41.1 from December's reading of 40.7.

At the same time, the measure of confidence among non-manufacturing businesses rose to 46.9 in January from 46.4 in the previous month.

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