02-07-2022, 03:41 PM
https://www.businesstimes.com.sg/governm...sing-costs
Japan business mood worsens for 2nd quarter amid rising costs
JAPANESE big manufacturers' business confidence soured for a second straight quarter in the 3 months to June, a central bank survey showed on Friday (Jul 1), hit by rising input costs and supply disruptions caused by China's strict Covid-19 lockdowns.
The tankan's headline index gauging big manufacturers' mood slipped to plus 9 in June from plus 14 in March, hitting the lowest level since March 2021. It compared with a median market forecast of plus 13.
Japan business mood worsens for 2nd quarter amid rising costs
JAPANESE big manufacturers' business confidence soured for a second straight quarter in the 3 months to June, a central bank survey showed on Friday (Jul 1), hit by rising input costs and supply disruptions caused by China's strict Covid-19 lockdowns.
The tankan's headline index gauging big manufacturers' mood slipped to plus 9 in June from plus 14 in March, hitting the lowest level since March 2021. It compared with a median market forecast of plus 13.