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Street corner economy worsened for 3 consecutive months

2019-08-08T08:00:47.220Z

In the last month's business watcher survey that asked workers to feel the economy, the index showing the current state of the economy deteriorated for three consecutive months. Late after the rainy season ...



Street corner economy worsened for 3 consecutive months The voice of sluggish sales due to the late rainy season was August 8 at 16:56

In the last month's business watcher survey that asked workers to feel the economy, the index showing the current state of the economy deteriorated for three consecutive months. This was because the retail industry and other customers reported that sales were sluggish due to the late rainy season.

According to the Cabinet Office, when we heard about 2000 people, including retail store employees and taxi drivers, the index showing the current state of the economy last month was 41.2, 2.8 points below the previous month and 3 months It deteriorated continuously.

In the survey, there were a series of voices pointing out the effects of bad weather mainly in the retail industry, such as comments from the convenience store in North Kanto saying that the rainy season was long, the temperature was low, beverages fell, and the overall sales were pushed down It was.

Some hotels in the Kyushu region have also voiced the impact of worsening relations between Japan and Korea, such as “the number of Korean guests has fallen significantly”.

For this reason, the Cabinet Office lowered its keynote judgment for the first time in four months, saying that there are signs of weakness in recovery these days.

Furthermore, regarding the outlook for the economy, there were voices concerned about uncertainties about the future such as a decline in sales after the consumption tax rate hike and trade friction between the US and China.

As a result, the index indicating the outlook for the economy was 44.3, 1.5 points below the previous month, worsening for the first time in two months.

Source: nhk

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