Japanese manufacturing descends on indebted Europe

Note: This section contains information in English only.
Source: Bloomberg

Japanese leading producers have become more pessimistic than was predicted by the economists. In December the Tankan large manufacturer sentiment index slumped to minus 4, said Bank of Japan. Economists surveyed by Bloomberg earlier predicted an estimate of minus 2. Japanese outlook reflects developments in debt troubled Europe, told Yoshimasa Maruyama, Itochu Corp.'s economist.

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Thu, 15 Dec 2011 07:31:43 GMT

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