Many Japan’s elite manufacturers anticipate conditions to decline in the following three months, according to the Bank of Japan’s Tankan surveil.
But the fall in business sentiment wasn’t as bad as many pundits expected, heading to doubts of accuracy.
The quake and tsunami that hit Japan on March 11 have lead to drifting power loss and a nuclear crisis.
The final result of the quarterly Tankan survey are used to figure Japan’s monetary policy.
The business sentiment
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