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Japan business confidence slips: BOJ survey

The quarterly Tankan report shows stronger yen weighs down exporter sentiment

Published Mon, Apr 2, 2018 · 09:50 PM

Tokyo

CONFIDENCE among Japan's biggest manufacturers has slipped after five quarters of rises, a key central bank survey showed on Monday as a stronger yen dented exporter sentiment.

The Bank of Japan's Tankan report - a quarterly survey of about 10,000 companies - showed a reading of 24 among major manufacturers in its March survey against 26 in the December report.

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