According to the latest Tankan survey released in Japan, the business mood among Japanese firms has experienced a decline. This shift is attributed to the weakening yen, which is putting pressure on households across the country.
The Tankan survey, conducted by the Bank of Japan, serves as a key indicator of the economic outlook in Japan. The results of the survey revealed that businesses are feeling the impact of the depreciating yen, which is affecting consumer spending and overall economic sentiment.
