Japan Q4 Business Mood Highest in 11 Quarters
2024-12-13
Category: economic

The Bank of Japan's index for big manufacturers' sentiment inched up to 14 in Q4 of 2024 from 13 in the prior two periods, marking the highest reading since Q3 of 2022 and defying market consensus of 12.
Meantime, large firms planned to increase capital expenditure by 11.3% in the current FY ending in March 2025, pointing to the strongest rise in a year and topping forecasts of 9.6%.