Japan's economy watchers' assessment of current situation deteriorated for the second straight month in May, survey data from the Cabinet Office showed Monday.
The indicator reflecting assessment of the current economic situation fell to 55.7 in May from 56.5 in April. The reading was seen at 56.1. Still the index stays above the neutral 50-level.
Likewise, the outlook index that reflects the assessment of future economic situation in Japan dropped to 56.2 from 57.8 in the previous month.
Nonetheless, economy watchers assessed that the economy is picking up.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.