OiMax
According to the monthly survey, which the quarterly survey of the Bank of Japan tracks, Japanese sentiment should have improved in the next three months, but weakness in the services sector has become a warning signal for the recovery of domestic demand.
A survey conducted by Reuters among 544 large and medium-sized companies, in which 259 firms responded on condition of anonymity, became available after Japan announced its longest economic growth since the 1980s. in the IV quarter. This became possible due to private consumption.
Nevertheless, recent turmoil in world stock markets increased investor interest in the Japanese currency, which causes concern for politicians, as a strong yen eats the profits of Japanese producers.
In addition, the appreciation of the Japanese currency may adversely affect business investment, consumer spending and overall growth.
"Our consolidated profit has deteriorated because of the strong yen," the manager of the transport equipment manufacturer wrote in a review.
The manufacturer of metal products said: "We suffer from the consequences of environmental regulation in China and the restrictions on the supply of natural gas, which seriously affected the producers."
Some other companies have complained that profits are being squeezed by rising oil and commodity prices, while others say they are benefiting from the rapid demand for semiconductors and cars.
The sentiment index for producers was 29 points in February, compared to the 11-year high of the previous month of 35 points. It is expected that in May the index will increase insignificantly - up to 30 points.
source: reuters.com
A survey conducted by Reuters among 544 large and medium-sized companies, in which 259 firms responded on condition of anonymity, became available after Japan announced its longest economic growth since the 1980s. in the IV quarter. This became possible due to private consumption.
Nevertheless, recent turmoil in world stock markets increased investor interest in the Japanese currency, which causes concern for politicians, as a strong yen eats the profits of Japanese producers.
In addition, the appreciation of the Japanese currency may adversely affect business investment, consumer spending and overall growth.
"Our consolidated profit has deteriorated because of the strong yen," the manager of the transport equipment manufacturer wrote in a review.
The manufacturer of metal products said: "We suffer from the consequences of environmental regulation in China and the restrictions on the supply of natural gas, which seriously affected the producers."
Some other companies have complained that profits are being squeezed by rising oil and commodity prices, while others say they are benefiting from the rapid demand for semiconductors and cars.
The sentiment index for producers was 29 points in February, compared to the 11-year high of the previous month of 35 points. It is expected that in May the index will increase insignificantly - up to 30 points.
source: reuters.com
