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MNI BRIEF: Japan Oct Sentiment, Outlook Indexes Both Fall

MNI (TOKYO) - Japan's sentiment and outlook index for two-three months ahead both posted their second straight drop in October as households continued to be hit by high prices and firms suffered high costs, the Economy Watchers released by the Cabinet Office showed Monday.

The Economy Watchers sentiment index for the current economic climate stood at a seasonally adjusted 47.5 in October, down from 47.8 in September, while the outlook index for two to three months ahead fell 1.4 points to 48.3 from 49.7. The indexes linked to households, businesses and the labour market fell.

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MNI (TOKYO) - Japan's sentiment and outlook index for two-three months ahead both posted their second straight drop in October as households continued to be hit by high prices and firms suffered high costs, the Economy Watchers released by the Cabinet Office showed Monday.

The Economy Watchers sentiment index for the current economic climate stood at a seasonally adjusted 47.5 in October, down from 47.8 in September, while the outlook index for two to three months ahead fell 1.4 points to 48.3 from 49.7. The indexes linked to households, businesses and the labour market fell.

Keep reading...Show less