Japan city Tokyo pandemic economy Coronavirus Japan city Tokyo

Japan's 'tankan' economy survey shows improved sentiment

Reading now: 267
www.clickorlando.com

TOKYO – Japanese manufacturers’ sentiments improved for the first time in three years, a quarterly Bank of Japan survey showed Thursday, as the nation grappled with stagnation worsened by the coronavirus pandemic.

The headline measure for the “tankan,” tracking sentiment among large manufacturers, stood at minus 27, an improvement of seven points from the previous survey that came out in July.

The tankan measures corporate sentiment by subtracting the number of companies saying business conditions are negative from those responding they are positive.That measure had declined for six quarters straight, to an 11-year low, before Thursday’s report.

Read more on clickorlando.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA