By Megumi FujikawaTOKYO--Sentiment among Japan's large manufacturers deteriorated in the three months to September, the third straight quarter it has worsened, amid lingering concerns over supply shortages. The main index for sentiment among large manufacturers was +8, compared with +9 in the previous June survey, according to the Bank of Japan's quarterly tankan corporate survey released Monday. The reading was lower than a projection for +11 from a poll of economists by data provider Quick. The index represents the percentage of companies who said business conditions were favorable minus those saying conditions were unfavorable. Write to Megumi Fujikawa at megumi.fujikawa@wsj.com(END) Dow Jones NewswiresOctober 02, 2022 20:26 ET (00:26 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.

Source: Wall Street Journal October 03, 2022 00:54 UTC