Japan's Business Sentiment Sees Modest Uptick, BOJ Tankan Says
2024-12-13
Category: economic

Japan's large manufacturers showed slight optimism in December, with the diffusion index (DI) rising to 14 from 13 in September, the Bank of Japan's Tankan quarterly survey showed on Friday. 
Projections for March 2025 suggest stability at 14. 
Large nonmanufacturers saw sentiment ease, with the DI dropping to 33 from 34, weighed down by weaker views in construction and retail. The sector is expected to soften further to 28. 
Medium and small enterprises presented a mixed outlook, as gains in chemicals, machinery, and information services contrasted with declines in textiles, lumber, and food products.