24 May 2023
Japan manufacturers' mood turns positive as economy recovers – Reuters Tankan
“Business sentiment at big Japanese manufacturers turned positive for the first time this year and service-sector morale hit a five-month high, providing more evidence of an economy on the mend after a COVID-led recession,” per the monthly results of the Reuters Tankan survey.
Key findings
Manufacturers' mood is expected to rise further over the coming three months, while the service-sector morale slid only slightly.
More to come