ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Japan upgrades economic view for first time in 17 months

December report more optimistic as falling COVID-19 cases kindle optimism

Tokyo's Ameyoko shopping district. Private consumption and the services sector have benefitted from the easing of coronavirus restrictions.    © Reuters

TOKYO (Reuters) -- Japan raised its overall economic assessment for the first time in 17 months in December as consumers and companies turned more optimistic about the outlook on falling COVID-19 cases at home.

Authorities raised their views on private consumption and business conditions, with the services sector underpinned by easing coronavirus restrictions, but flagged ongoing risks from supply constraints and raw material prices.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more