Main data points, summary via Reuters:
- Dec big manufacturers index +18(Reuters poll: 19). This is the 6th consecutive quarter of improvement for this indicator. Its now at its highest since December of 2019.
- March big manufacturers index seen at +13(Reuters poll: 19). Also up for the 6th consecutive quarter. highest since June 2019.
- Dec big non-manufacturers index +9(Reuters poll: 6)
- March big non-manufacturers index seen at +8(Reuters poll: 10)
- Dec small manufacturers index -1(reuters poll: -3)
- March small manufacturers index seen at -1(reuters poll: -2)
- Dec small non-manufacturers index -4(reuters poll: -6)
- March small non-manufacturers index seen at -6(reuters poll: -5)
On FX:
- all firms see dollar averaging 109.09 yen for fy2021/22
- all firms see euro averaging 127.71 yen for fy2021/22
- big manufacturers see dollar averaging 108.36 yen for fy2021/22
Incremental improvement again in this sentiment survey. USD/JPY has barely moved upon the release.