Reuters April 2024 Tankan:
Manufacturer’s Index fell to +9, from +10 in MarchNon-Manufacturer’s Index fell to 25, from +32 in March
Reuters report on the results highlights:
dragged down by cost-of-living pressures
and shaky economic conditions in major market Chinayen’s weakening to levels unseen since 1990 is lifting the cost of
imports in a blow to household consumption,the fall in the currency has boosted the value of
exports, but the volume of shipments have not benefited as much
—
Reuters Tankan canvassed 497 large non-financial
Japanese firms, of which 235 responded during the survey period.
Reuters Tankan is a monthly survey that seeks to track the Bank of Japan’s tankan quarterly survey
This article was written by Eamonn Sheridan at www.forexlive.com.