Japan business sentiment improves in May

A Japanese government survey shows that business sentiment among workers improved in May after dropping to its lowest level in April amid the coronavirus pandemic.

The Cabinet Office on Monday released the results of the monthly Economy Watchers Survey. It questioned more than 2,000 workers, including shop clerks and taxi drivers, about their outlook for the economy.

The May index on the current state of the economy was 15.5, up 7.6 points from the previous month. The figure in April hit its lowest since January 2002 when comparable data became available.

The index improved for the first time in four months following the lifting of the state of emergency in Japan. But the figure remains low, showing that the impact of the coronavirus still weighs on workers' sentiment.