Bank of Japan (BOJ) Tankan survey result coming up soon – What Central Bankers Will Watch in the Tankan Business Survey

Bank of Japan (BOJ) Tankan survey result is out at 2350GMT.

Previews here:

• Economic data due from Japan
• Watch out yen traders, Tankan is coming up
• Central bank activity to watch for in the Asian timezone coming up this week -BOJ Tankan

Also well worth a read is this piece from the Wall Street Journal (ungated): What Central Bankers Will Watch in the Tankan Business Survey

Here are some of what BOJ watchers see as must-watch sub-indexes.

Employment Conditions

• This is a gauge of the future direction of Japanese wages

Production Capacity

• This is a measure of the sustainability of the current rebound in capital investment, and a sector the BOJ hopes will help offset weak consumption following the rise in the domestic sales tax rate to 8% from 5% on April 1

Change in Output Prices for Non-manufacturers

• Economists are paying close attention to this measure of the underlying strength of domestic inflation to determine whether companies feel prices, other than energy costs, have peaked

Overseas Supply and Demand Conditions for Products

More detail at the link