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Japanese Merchants’ Mood Slides Most in 18 Months on Delta Surge

Bloomberg business news
WATCH: Izumi Devalier of BofA Global Research says the Japanese economy faces persisting headwinds.(Source: Bloomberg)

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The mood among Japanese merchants plunged in August, dropping the most since the very early days of the pandemic, as the delta variant of the coronavirus set records for new cases and ended up pushing the prime minister to resign.