Reuters Japan Tankan for February: Manufacturing index +3 (prior -1)

Author: Eamonn Sheridan | Category: News

The monthly Reuters Tankan is intended to be a guide to the quarterly BOJ Tankan 

  • February manufacturers' sentiment index +3 vs January -1, first positive since the middle of 2019
  • Manufacturers' mood positive for 1st time since July 2019
  •  Service-sector index -7 in February vs January -11
The background to this in Japan is improving overseas demand though emergency pandemic measures covering Tokyo and other cities hit domestically. 

  • index for manufacturers seen recovering to 8 in May
  • non-manufacturers' index expected to be flat in May
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose