Tuesday, June 05, 2007

Kyoto's DI goes down for six months straight.

According to the business survey released by the bank of Kyoto and its affiliated think-tank on June 4th, the diffusion index (DI) for Kyoto economy in May decreased by two points to plus two. Although the DI have kept above zero for a year and half, this is the sixth consecutive month to decrease. The non-manufacturing sector contributed to worsen the business confidence by decreasing its DI below zero. Kyoto economy might turn into a slowdown this spring.
Kyoto economy marked its highest DI, plus 14, in May 2006.

No comments: