Trade war concerns ranking up there for Japanese corporates, not surprisingly
- July manufacturers' sentiment index +25 vs +26 In June
- Service-sector index +34 in July vs +35 in June
Japan manufacturers October index seen at +29
- non-manufacturers +34
Adds Reuters, many respondents expressed concerns about
- protectionism,
- high energy and materials costs squeezing profits,
- and labour shortages that raised hiring costs.
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The monthly survey from Reuters is looked to as a guide to the BOJ quarterly Tankan results. The next BOJ one (for Q3) won't be out for another few months (early October)
Reuters poll of 483 large- and mid-sized companies, of which 268 firms responded on condition of anonymity
