JPY Tankan Non-Manufacturing Index
It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment;
Above 0.0 indicates improving conditions, below indicates worsening conditions. Source changed series calculation formula as of April 2004;
- JPY Tankan Non-Manufacturing Index Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
---|---|---|---|
Mar 31, 2024 | 34 | 31 | 30 |
Dec 12, 2023 | 30 | 27 | 27 |
Oct 1, 2023 | 27 | 24 | 23 |
Jul 2, 2023 | 23 | 22 | 20 |
Apr 2, 2023 | 20 | 20 | 19 |
Dec 13, 2022 | 19 | 17 | 14 |
Oct 2, 2022 | 14 | 13 | 13 |
Jun 30, 2022 | 13 | 13 | 9 |
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- JPY Tankan Non-Manufacturing Index News
The dollar is trading quietly against the G10 currencies as European markets remain on holiday. Narrow ranges have prevailed. The dollar-bloc currencies are leading with minor gains, perhaps helped on the margins by better-than-expected Chinese PMI, but the Scandis, which also typically do well amid a better global growth profile are the laggards. This may speak to the light liquidity conditions. Japan may have missed a tactical opportunity to intervene to knock the dollar back ahead of what may be a solid US jobs report at the end ...
Business confidence among major Japanese manufacturers worsened for the first time in four quarters, falling to 11 in March from 13 three months earlier, reflecting a sharp drop in the auto sector caused by production cuts, the Bank of Japan's Tankan survey showed Monday. The average market forecast was 9 in a Kyodo News survey for the reading of the key index measuring confidence among companies such as those in the auto and electronics sectors. But large nonmanufacturers, including the service sector, benefited from a revival of ...
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Confidence among a wide range of Japanese companies picked up in the fourth quarter, sending a positive signal to the Bank of Japan ahead of next week’s policy decision. An index of sentiment among the country’s biggest manufacturers rose to 12 in December from 9 three months earlier, the third straight gain, according to the BOJ’s quarterly Tankan report Wednesday. The reading beat economists’ forecast of 10. The business mood among the largest non-manufacturers also improved to 30 from 27, exceeding economists’ expectations and ...
video The Bank of Japan's latest Tankan survey shows that business sentiment among the country's major manufacturers has improved for the first time in seven quarters. The BOJ polled over 9,000 companies from late May to the end of June. The closely-watched index gauging the mood among large manufacturers stands at plus 5. That's up 4 points from the previous survey in March. A positive number indicates that more companies are optimistic about business conditions than those taking a negative view. A recovery in auto production as ...
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Released on Mar 31, 2024 |
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Released on Dec 12, 2023 |
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Released on Oct 1, 2023 |
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Released on Jul 2, 2023 |
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- Details