TOKYO (Reuters) - Sentiment among Japan’s smaller businesses regarding the current state and outlook of the economy are becoming “really good”, Economy Minister Yasutoshi Nishimura said on Thursday.
Confidence among the country’s hotels and traditional inns has especially strengthened compared to three months earlier thanks to pent-up demand among consumers, Nishimura told reporters at a news conference.
He was speaking after government data showed Japan’s service sector sentiment rose in September to the highest level in 2-1/2 years, suggesting a recovery from the harsh blow of the coronavirus pandemic.
Reporting by Daniel Leussink; Editing by Chang-Ran Kim
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