Japan's economy watcher sentiment in Aug. highest in 11 months

Business sentiment among workers in Japan with jobs sensitive to economic trends continued to improve in August and recorded its highest level in 11 months as economic activities pressured by the coronavirus pandemic further picked up, government data showed Tuesday.The diffusion index of confidence among “economy watchers” such as taxi drivers and restaurant staff, released by the Cabinet Office, rose 2.8 points from July to 43.9, the best showing since September 2019 when private spending increased before a consumption tax hike from 8 percent to 10 percent on Oct. 1 that year.The latest read…

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