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Economists: Tankan survey expected to show slight decline in manufacturers' sentiment
The diffusion index measuring business sentiment among large manufacturers is expected to be +16 in the June survey, compared to +17 in March.
Ryosuke Katagi, economist at Mizuho Securities, said: "Although business sentiment in the materials sector is believed to have deteriorated due to soaring resource prices and supply shortages caused by the situation in Iran, sentiment in the processing sector may have improved thanks to strong semiconductor-related demand."