The Reuters Tankan Monthly Survey is intended to track the Bank of Japan’s quarterly Tankan survey.
6 Manufacturers Sentiment Index in October
- from September 18
- its lowest since April
The service index has changed to -1
The comments of some of the respondents express familiar themes, in short:
- business has not returned to what it was before the coronavirus, the worst of the pandemic has passed and conditions are on a recovery trend
- commodity prices are increasing, this is not reflected in selling prices because the deflationary state of mind of consumers remains strong
- The demand for semiconductor-related products is strong, but we are affected by production cuts in car manufacturers and companies manufacturing factory machinery.
Survey of 503 large and medium-sized companies
- from September 29 to October 8
- 267 responded
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