TOKYO -- Confidence among Japan's largest manufacturers is declining as the weak yen that long helped the nation's exports compete abroad increasingly turns into a setback amid a global surge in commodity prices.
Latest BOJ survey highlights pressure from surging commodity prices
An auto worker at Ford-Mazda joint-venture plant in Thailand. Japanese companies have been relying more on overseas production, meaning that a weak yen helps them less than it once did. © Reuters
TOKYO -- Confidence among Japan's largest manufacturers is declining as the weak yen that long helped the nation's exports compete abroad increasingly turns into a setback amid a global surge in commodity prices.