Reported about 22 hours ago
Japan's service sector sentiment improved slightly in December, although companies are worried about future conditions due to rising living costs impacting household spending. A government survey indicated a slight increase in service firms' optimism, but corporate bankruptcy cases reached a decade-high, emphasizing challenges from inflation and labor shortages. The economic outlook remains cautious ahead of the Bank of Japan's policy meeting, where the potential for interest rate hikes is under consideration.
Source: YAHOO