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Economy

Japan's economic sentiment hits lowest point in Abenomics era

Deteriorating outlook blamed on global stock woes

Three times as many Japanese say their incomes will decrease in a year as opposed to those who foresee an increase.   © Reuters

TOKYO -- A barometer measuring the Japanese general public's outlook of future economic conditions fell to the lowest level since Prime Minister Shinzo Abe began his current stint in office.

The opinion survey for December, released by the Bank of Japan on Wednesday, shows 39.8% of respondents believe economic conditions will worsen after one year, compared with 7.8% who say conditions will improve in that span.

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