07-November-2024
Economy News
 
Japan Manufacturers Less Confident in November on Worries Over China, Inflation: Reuters Poll
06-Nov-2024

Japanese manufacturers were less confident about business conditions in November than in October, a Reuters monthly poll showed on Wednesday, as China's economic slowdown and a persistently high rate of inflation soured sentiment. Confidence in the service sector also eased for the fifth consecutive month to its lowest since February 2023 due to rising costs and a shortage of labour, the poll showed. Both manufacturers and non-manufacturers cited a particularly volatile foreign exchange market as a concern.

News Source:- https://money.usnews.com/investing/news/articles/2024-11-05/japan-manufacturers-less-confident-in-november-on-worries-over-china-inflation