The Bank of Japan's index for big manufacturers' sentiment stood at 18 in the final quarter of 2021, matching an almost 3-year high hit in the previous quarter but below market forecast of 19. Sentiment improved among firms producing petroleum & coal products, textiles, business-oriented machinery, ceramics, stone & clay and production machinery. However, sentiment declined among companies producing nonferrous metals, iron & steel, lumber & wood products, food & beverages, pulp & paper and general-purpose machinery. The business outlook also saw conditions worsening ahead, underscoring the fragile nature of Japan’s economic recovery. source: Bank of Japan
Business Confidence in Japan averaged 1.30 points from 1983 until 2021, reaching an all time high of 53 points in the second quarter of 1989 and a record low of -58 points in the first quarter of 2009. This page provides - Japan Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.
Business Confidence in Japan is expected to be 22.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Business Confidence is projected to trend around 10.00 points in 2022, according to our econometric models.