TOKYO - Business sentiment among Japan’s big manufacturers in the second quarter likely tanked to levels last seen during the 2009 global financial crisis as the coronavirus pandemic crushed global demand and paralysed factory output, a Reuters poll showed.
The Bank of Japan’s closely watched “tankan” survey is also likely to show big non-manufacturers’ mood sinking to more than a decade-low, underscoring the sweeping economic impact of the global health crisis. Big non-manufacturers’ index likely worsened to -18 in the June quarter from +8 three months ago, the poll showed, as lockdown measures to contain the virus forced citizens to stay home and retailers to close. That would mark the weakest level since December 2009.
“Even harder hit were non-manufacturers. Sectors that were forced to close business due to state of emergency measures in April and May likely suffered devastating damage,” he said.
. mattmartins147 , shit off.
Japan and other countries are now going through a massive recession If it continues billlion$£ are gonna be dimmed Every country if they are united many things will be controlled Now we're seeing alsome countries are having some anti social affairs with others Letsbeunited
Sure, like this mood was at a top. BoJ was gluing the economy artificially for decades and you blame a pandemic?
Well, America is in depression state.. yeah, we get it. Thanks, realDonaldTrump 🖕
Japan has money to keep quarentine for years.
Hari Kari might make a comeback ...
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