Japan's service mood rebounds as Covid curbs end. The outcome offers some relief for policymakers fretting that rising living costs could discourage households from shopping.
Japan's service-sector sentiment rebounded in February for the first time in four months,sign that the removal of Covid-19 curbs is giving a much-needed boost.
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The outcome offers some relief for policymakers fretting that rising living costs could discourage households from shopping and travelling.
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"With more events and concerts being held, passenger numbers for international and domestic flights are starting to return to pre-pandemic levels,".
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There is also hope the government's decision to ease Covid restrictions on travellers from China will give a boost to retailers and other industries reliant on tourism.
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"We're seeing clear signs of recovery in travel demand, which has been lacklustre so far," a travel agency was quoted as saying in the survey.
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