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MNI BRIEF: Japan's Oct Economic Sentiment Rises, Outlook Falls

(MNI) Tokyo
(MNI) Tokyo

The Japanese government's sentiment index posted the third straight rise in October but the outlook index for two to three months ahead posted the second consecutive drop, prompting the government to tweak its assessment from the previous month, the Economy Watchers released by the Cabinet Office on Wednesday showed.

The Economy Watchers sentiment index for the current economic climate rose a seasonally adjusted 1.5 points to 49.9 in October from 48.4 in September.

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The Japanese government's sentiment index posted the third straight rise in October but the outlook index for two to three months ahead posted the second consecutive drop, prompting the government to tweak its assessment from the previous month, the Economy Watchers released by the Cabinet Office on Wednesday showed.

The Economy Watchers sentiment index for the current economic climate rose a seasonally adjusted 1.5 points to 49.9 in October from 48.4 in September.

Keep reading...Show less