The monthly poll from Reuters tracks the Bank of Japan’s tankan quarterly survey.
- Japan manufacturers index +6 in June vs +12 in May
- non-manufacturers index +22 in June vs +27 in May
- Japan manufacturers September index seen at +11, non-manufacturers +21
Manufacturers’ business confidence to a more than 2-1/2-year low
- service-sector mood fell for the first time in four months
- Both are expected to remain under last month’s levels over the coming three months
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Reuters poll of 505 large- and mid-sized companies, in which 263 firms responded:
- indexes are calculated by subtracting the percentage of pessimistic respondents from optimistic ones. A positive figure means optimists outnumber pessimists.
Next official, BOJ, tankan is due in July