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Japan Big Manufactures' Confidence Strengthens In Q2: Tankan

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Japan's big manufactures' confidence strengthened further in the second quarter suggesting that the economy is set to recover sustainably from the pandemic-driven downturn.

The large manufacturers' sentiment index rose to +14 in the second quarter from +5 in the prior quarter. The expected level was 15.

The big non-manufactures' confidence indicator advanced to +1 from -1 in the preceding quarter.

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