Reuters Tankan report for June 2024: Manufacturing index +6 vs. prior +9 ...Middle East

The monthly Reuters Tankan survey, a guide to the Bank of Japan's quarterly tankan survey.For June 2024:Manufacturers index is +6, from +9 in Maypositive for the fourth consecutive monthJapanese manufacturers say their drop in confidence is due to higher materials costs.Non - manufacturers +31, from +26 in Maythree month highOutlooks:Manufacturers seen at +9 in September, and the non-manufacturers at +31Some remarks reported by Reuters:"Passing on materials costs to customers and the increase in labour costs are sapping appetite for capital expenditure and other spending" a machinery maker managerConcerns about the knock-on effects of a scandal in the auto industry where Toyota, Mazda others

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