The Reuters Tankan sentiment index for manufacturers in Japan fell sharply to -6 in January 2023, turning negative for the first time in two years, reflecting a slow recovery from the pandemic amid rising costs and economic uncertainties. The negative reading in the monthly survey which preempts the Bank of Japan’s quarterly Tankan report indicated that the number of firms which said business conditions were poor was greater than those that said they were good. "Uncertainty over the business environment and capital spending by our clients is growing due to the spread of the coronavirus in China and rises in raw material costs due to the Ukraine war,” one respondent said. Another said: "Prices are rising everywhere including prices for gas and electricity, materials, shipping and processing machinery. And some clients won't swallow price hikes, squeezing our profits to a degree.” Looking ahead, Japanese firms expect business conditions to improve to +6 in April. source: Tankan Sponsored by Thomson Reuters

Reuters Tankan Index in Japan averaged 1.09 points from 1998 until 2023, reaching an all time high of 39.00 points in June of 2006 and a record low of -78.00 points in March of 2009. This page provides - Japan Reuters Tankan Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Reuters Tankan Index - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

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Japan Reuters Tankan Index

Calendar GMT Actual Previous Consensus TEForecast
2022-12-06 11:00 PM Dec 8 2 3
2023-01-17 11:00 PM Jan -6 8 6
2023-02-21 11:00 PM Feb

Related Last Previous Unit Reference
Reuters Tankan Index -6.00 8.00 points Jan 2023

Japan Reuters Tankan Index
The Reuters Tankan is a monthly survey of leading Japanese companies, and it was formally known as Telerate Tankan until it was renamed after the acquisition of Quick Money line Telerate Corp. by Thomson Reuters Group. It covers a panel of 200 manufacturers and 200 non-manufacturers. The monthly figures are designed to provide early indications of the BOJs quarterly tankan. The indexes are derived by subtracting the percentage of respondents who say business conditions are poor from the percentage of those who say they are good.
Actual Previous Highest Lowest Dates Unit Frequency
-6.00 8.00 39.00 -78.00 1998 - 2023 points Monthly