Wednesday, July 18, 2007

UPDATE 1-Japan manufacturers' confidence falls - Reuters Tankan

(Reuters) - TOKYO, July 19 - Japanese manufacturers are less
optimistic about business conditions, a Reuters survey showed on
Thursday, as firms feel the pinch from rising raw material costs,
but expectations of a rate increase next month remain intact.




The July edition of the Reuters Tankan poll showed confidence
had slipped from a five-month high seen in June, but confidence
among electric machinery makers and non-manufacturers rose, a
sign that corporate-sector strength still underpins Japanese
growth.


Read more at Reuters.com Economic News

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