Japan Manufacturers’ Mood Falls to 5-Month Low in September: Poll

Japan Manufacturers’ Mood Falls to 5-Month Low in September: Poll
A worker is seen at the factory of Nagumo Seisakusho Co., Ltd. in Jyoetsu, Niigata prefecture, Japan on Feb. 22, 2019. Tetsushi Kajimoto/Reuters
|Updated:

TOKYO—Japanese manufacturers’ confidence worsened to a five-month low in September as the fallout from the latest wave of COVID-19 put fresh pressure on the world’s third-largest economy, the Reuters Tankan poll showed.

Sentiment among manufacturers fell as export-reliant firms such as carmakers suffered from a global chip shortage, according to the monthly poll, which tracks the Bank of Japan’s (BOJ) closely watched tankan quarterly survey next due on Oct. 1.