• Prior 56.4
  • Outlook 42.5
  • Prior 49.4

That is a sharp drop in terms of overall activity but comes as no surprise amid the surge in virus cases that also led to restrictions being taken up by key prefectures across the country. The February reading may see some improvement but likely to remain more subdued as restrictions are ongoing. The reading is a survey on workers to measure up consumer spending and current economic conditions.

Japan economy 01-2022