Manufacturing index +9 vs. +7 in July, marking a second month of improved sentimenttransport machinery sector, including autos, posted the strongest gains, climbing to +25 from +9, but is also forecast to retreat in coming months.Non-manufacturing index +24 vs. +30 in July, the first fall for this in five monthsfood industry recorded the sharpest decline, plunging to -25 from zero, as managers cited rising ingredient and material costsReal estate, construction, and retail sentiment also eased, with some retailers noting weaker store traffic and service firms reporting disruptions from extreme heat.
Three month ahead outlook:
Manufacturing index expected to drop back to +4 in NovemberNon-manufacturing expected to +25 in November***
Reuters Tankan is a monthly survey that seeks to track the Bank of Japan's tankan quarterly survey
respondents spoke on the condition of anonymityReuters Tankan indexes are calculated by subtracting the percentage of pessimistic respondents from optimistic ones. A positive reading means optimists outnumber pessimists. This article was written by Eamonn Sheridan at investinglive.com.Hence then, the article about japan reuters tankan manufacturing index 9 in august vs 7 in july was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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