BOJ quarterly report
- big manufacturers index -27 (Reuters
poll: -23, prior was -34) - big manufacturers index three months ahead
seen at -17 (Reuters poll: -17) - big non-manufacturers index -12 (Reuters
poll: -9, prior -17) - big non-manufacturers index three months
ahead seen at -11 (Reuters poll: -9) - small manufacturers index -44 ( -38)
- small manufacturers index three months
ahead seen at -38 ( -34) - small non-manufacturers index -22 ( -21)
- small non-manufacturers index three months
ahead seen at -27 (: -21)
- all firms employment index -6
- big manufacturers’ production capacity
index +15 vs June Q +15 - big manufacturers see fy2020/21
recurring profits -24.6 pct - big manufacturers see dollar
averaging 107.34 yen for FY2020/21 - big firms see fy2020/21 capex +1.4
pct (Reuters poll: +1.3) - small firms see fy2020/21 capex -16.1
pct ( -15.1) - September Q all firms financial condition index +5
vs June +3
This is painting a very poor picture. A couple of perhaps more encouraging signs are that the large manufacturing index has improved for the first time in … 11 quarters (nearly 3 years).
Non-manufacturing index improved for the first time in 5 quarters.
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The Bank of Japan Tankan reports on a survey of manufacturing and service companies designed to assess business conditions in Japan