Economic Buzz: Japan Economic Watchers Index Drops For Second Month

Economic Buzz: Japan Economic Watchers Index Drops For Second Month

Jan 12, 2021 03:01 IST capital market

A measure of the public assessment of the Japanese economy dropped for the second month in a row in December, survey data from the Cabinet Office showed on Tuesday. The current conditions index of the Economy Watchers Survey, which measures the current situation of the economy, decreased to 35.5 in December from 45.6 in November. A reading below 50 suggests pessimism. The outlook index that signals future activity edged up to 37.1 in December from 36.5 in the previous month.

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