The results of the latest Reuters Corporate Survey, conducted for Reuters by Nikkei Research, has been published.
From the report's part on the business environment::
- corporate managers turned slightly less pessimistic, with 74% saying conditions would be "not so good" to "bad" in the next three months, compared with 77% in the May survey.
- A manager at a company in the electronics sector noted that automotive and some other businesses have been stable, but demand for consumer products has been unstable. "We can't ignore the impact of a global economic slowdown now," the manager said.
In relation to inflation, this snippet:
- "Profits have increased as we can now afford to pass on rising procurement costs to our product prices," a manager at a chemicals company said.
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The Reuters Corporate Survey canvassed 493 big, non-financial Japanese firms
