(MENAFN) Japan's Cabinet Office stated that the country's service sector confidence index fell to 43.8 last month, marking the third straight monthly decline, reported Reuters.
It said that confidence about current economic conditions dropped from 47.2 in May.
Moreover, the outlook index, which shows the rate of confidence in future conditions, deteriorated to 45.7 from 48.1 in May.
It added that although Japan's economy had been growing moderately, however, recently, a weak movement had been noticed.
It is worth noting that the slowdown in global economic growth and the strong yen harmed business sentiment.
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