Japanese manufacturers' confidence dives: BoJ survey | Bangkok Post: news

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Japanese manufacturers' confidence dives: BoJ survey

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Confidence among Japanese manufacturers hit a near three-year low in the final months of 2012, a Bank of Japan (BoJ) survey showed on Friday, adding to concerns about the already weak economy. 

A worker of Fuji Heavy Industries assembles a car on the production line of Subaru BRZ and Toyota 86 at Subaru's Gunma main plant in Ota-city, Gunma prefecture on March 16, 2012. Confidence among Japanese manufacturers hit a near three-year low in the final months of 2012, a Bank of Japan (BoJ) survey showed Friday, adding to concerns about the already weak economy.

The central bank's quarterly Tankan survey came just days after official figures showed the world's third-largest economy shrank in the July-September period, buffeted by a weak global outlook, a strong yen and a spat with China.

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