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Asian Economic News

Japn Eco Watchers' Index Rises In July

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

A measure of peoples' assessment of the Japanese economy increased in July after falling in the previous two months, survey figures from the Cabinet Office showed Monday.

The current index of Economy Watchers' survey rose to 51.6 in July from 51.0 in June. It was the first climb in three months. In May, the reading was 53.3.

Any reading above 50 indicates optimism and a score below 50 suggests pessimism.

At the same time, the outlook index dropped for the second straight month in July by 1.6 percent to 51.9 from 53.5 in the preceding month. In May, the score came in at 54.5.

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