Local News

Kyushu and Okinawa Businesses See Highest Confidence in 4.5 Years

The Bank of Japan’s latest Tankan survey, released on July 3rd, revealed an upward trend in the business conditions across Kyushu and Okinawa, with the index hitting a four and a half year high. The overall index, accounting for all industries, improved by two points to +18, continuing an upward trend for the fifth straight period. Despite this, the labor force index remains low at -39, indicating an ongoing concern over labor shortages. Factors contributing to the positive business sentiment include stable raw material costs, improved corporate earnings, and a recovering consumer market. Source: NHK

Kyushu and Okinawa Businesses See Highest Confidence in 4.5 Years

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Category
General
Kyushu
Published: Jul 4, 2023 / Last Updated: Jul 4, 2023

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