Japanese manufacturers turned more cautious in June, with sentiment dipping amid concerns over U.S. tariffs and sluggish Chinese demand, the latest Reuters Tankan survey shows.
The manufacturers’ index fell to +6 in June from +8 in May, with expectations it will drop further to +2 in the next three months.
Sentiment among non-manufacturers held steady at +30 in June but is forecast to ease to +24 by September.
Firms cited uncertainty over U.S. trade policy, especially tariffs on autos and parts, as a key headwind. One machinery firm noted clients were holding off on capex, while a chemical producer said a client had moved production to the U.S. to sidestep tariffs. Others pointed to China’s weak demand and rare earth export curbs as additional pressure.
Service sector firms remained more upbeat, supported by robust IT spending and strong inbound tourism, though rising labour costs and staff shortages were flagged as concerns.
***
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 www.forexlive.com.Hence then, the article about japan manufacturer sentiment worsens in june to 6 from 8 in may 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.
Read More Details
Finally We wish PressBee provided you with enough information of ( Japan manufacturer sentiment worsens in June to +6, from +8 in May )
Also on site :
- Person falls to death on Boylston Street on New Year’s Eve
- Suspected mountain lion attack in Colorado mountains under investigation
- Skanska signs additional contract with existing client to build a data center in USA for USD 228M, about SEK 2.2 billion