Local News

Kyushu’s June Economic Sentiment Declines for Sixth Month

The Cabinet Office reported that Kyushu’s economic sentiment index dropped for the sixth consecutive month in June, falling 1.4 points to 47.0. High prices and low consumer spending contributed to this decline. Retailers noted a significant reduction in consumer purchases due to increased utility costs. In contrast, Okinawa saw a 1.4-point improvement in its economic sentiment index, reaching 53.4, driven by increased tourism. Future outlooks for Kyushu are positive, with expectations of higher travel demand and semiconductor orders. Source: Cabinet Office

Kyushu's June Economic Sentiment Declines for Sixth Month

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Category
General
Kyushu
Published: Jul 9, 2024 / Last Updated: Jul 9, 2024

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