Economic news

Review: Japan's manufacturer sentiment hits three-year peak

The Bank of Japan’s Tankan index measuring large manufacturers' confidence increased to 17 points in the second quarter of 2017 compared to 12 points in January-March.

The most positive dynamics were observed in the oil and coal industries, pessimistic moods are stronger in the timber and woodworking industries.

At the same time, the labor shortage limits the growth potential in Japan: large companies note that the shortage of qualified employees has reached the highest level in 25 years.

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