NIKKEI RESEARCH INC.

The 41th Service Industry Survey
– published on Nikkei/Nikkei MJ

The sales of 36 service industries in FY2022 (fiscal years ended between August 2022 to July 2023) achieved 2 consecutive years of growth, showing a 19.4% increase from the previous year to 26.5475 trillion yen (among 799 comparable companies). 34 out of 37 industries including travel had their revenue increased. Of the 927 respondent companies, 10.7% raised prices in September and October, and 47.5% answered that they had a labor shortage compared to a year ago.

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