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Published 1 month ago

Japan's service sector sentiment rises to highest in over three decades

  • Sentiment among large manufacturers, such as auto and electronics giants, decreased in March, according to the Bank of Japan's "tankan" report. The index stood at plus 11, lower than the average market forecast of 9.
  • On the other hand, the index for large-scale non-manufacturers, including the service sector, reached a 33-year high at plus 34 points, up from the previous report in December.
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