The Reuters Tankan correlates with the Bank of Japan's quarterly tankan survey.
- monthly poll of 499 large and mid-sized firms
- 238 responded
- taken June 1-10
- a positive number means optimists outnumber pessimists
Reuters Tankan sentiment index for manufacturers rose to 9 in June from 5 in the previous month
- expected to rise to 12 in September
Service-sector index was unchanged from the previous month at 13 in June
- service-sector index seen rising to 15 in September
Info via Reuters, of course.
More:
- "Conditions remained as strong as they were during the first three months of the year, even with U.S. rate hikes and China's lockdowns," a manager at a chemical manufacturer said
- "We're facing higher costs due to rising prices of raw materials resulting from a weakening yen," a manager at a textiles/paper maker said.
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ps. The BOJ met this week, statement is due on Friday.
