A four times a year guide to business assessments and forecasts for the economy.
The most focus is upon the 'Large All Industry' and 'Large Manufacturing' results
Large All Industry, 5.1
- prior was -2.0 points
BSI Large Manufacturing, 9.4
- expected was +5.0 points, prior was -2.9
A positive sign for the Japanese economy. I'd read it as a negative input for the yen, but despite the signs of improvements in the Japanese economy arguing for less need for such extreme policy accommodation, I reckon the Bank of Japan may need to modify its inflation target before reducing accommodation much.
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- This survey analyzes business leaders' assessments of and forecasts for the economy
- Its purpose is to get basic information for keeping track of economic trends
- It covers about 15,000 companies that have established their headquarters or principal offices in Japan and have capital stock of 10 million yen or more
