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Tankan Survey For Feb
February manufacturers’ sentiment index +29 (vs +35 in Jan., an 11 year high)
Service-sector index +33 (unchanged from Jan.)– manufacturers’ sentiment index expected to rise to 30 in May
– service index also expected at 30 in May
“Our consolidated profits have deteriorated because of a strong yen,” a manager of a transport equipment maker wrote in the survey.
A metal product maker said: “We are suffering from the repercussions of China’s environmental regulation and restrictions on natural gas supply, which have severely affected manufacturers.”
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