BOJ official says main producers sentiment worsened because of 3 elements

An official from the Bank of Japan commenting on the Tanakn report:

• major producers sentiment worsened due to increased expenses, declining foreign demand, and consequences of each country’s trade policy
• broad range of non-manufacturers saw business conditions worsen 3 months ahead due largely to concerns over rising costs

Report is here:

• BoJ Q1 2025 Tankan – Large manufacturing index 12 (expected 12, prior 14)

Separately, there have also been remarks from finance minister Kato on other matters:

• government is monitoring how rising cost of living impacting households
• important to firmly pursue our policies to help households tackle rising prices

This article was written by Eamonn Sheridan at www.forexlive.com.