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(Bloomberg) Confidence among Japan’s large manufacturers picked up more than expected, while sentiment for non-manufacturers soared to the highest in 32 years in the three months ended in September, as the economy continued to recover from the pandemic.Most Read from BloombergOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineWhy a US Recession Is Still Likely — and Coming SoonMcCarthy to Face Far-Right Attempt to Oust Him as
Service inflation accelerated to 2% from 1.6% in June, driven by higher costs for telecom, lodging and entertainment, the internal affairs ministry reported on Friday. Barring the impact of a 1997 sales tax hike, service inflation had remained below 2% since 1993.