A measure of peoples’ assessment of the Japanese economy decreased more-than-expected in September to the lowest level in eight months, survey figures from the Cabinet Office showed Thursday.
The current index of Economy Watchers’ survey fell by 1.8 points to 47.5 in September from 49.3 in the previous month. Economists had expected the index to drop slightly to 49.0.
Any reading above 50 indicates optimism and a score below 50 suggests pessimism.
The latest reading was the lowest since January, when the score was 45.6.
At the same time , the outlook index rose to 49.1 in September from 48.2 in August. The expected reading was 48.3.
The material has been provided by InstaForex Company – www.instaforex.com