TOKYO -- Business sentiment among Japan's large manufacturers cooled for the second straight quarter amid economic headwinds, including the war in Ukraine, the extended lockdown in China, and global supply shortages and inflation, the Bank of Japan's latest Tankan survey showed Friday.
Economy
Japan business mood dims for a 2nd quarter as costs rise: BOJ Tankan
China lockdown, inflation hit exporters; services helped by post-COVID reopening
The depreciating yen is weighing on Japan's manufacturers' performance as raw materials and intermediate goods from abroad become more expensive. © Kyodo
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