Reuters Tankan
more to come
- Japan manufacturers index +8 in May vs +9 in April
- Japan non-manufacturers index +30 in May, unchanged from April
- Japan manufacturers index seen at +7 in August, non-manufacturers at +28
Tariff uncertainty under Trump’s trade policy is dampening business optimism, particularly in manufacturing.
Rising costs, delayed capital spending, and concerns over China's economy were cited as key risks.
Transport sector saw a temporary lift, with increased vehicle production, though outlook remains cautious.
The economy contracted in Q1, and the sentiment dip underscores risks to Japan’s recovery momentum.
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Reuters Tankan is a monthly survey that seeks to track the Bank of Japan's tankan quarterly survey
- respondents spoke on the condition of anonymity
- Reuters Tankan indexes are calculated by subtracting the percentage of pessimistic respondents from optimistic ones. A positive reading means optimists outnumber pessimists.