Japan Tankan Index For Large Non Manufacturing Companies


The Bank of Japan quarterly Tankan business conditions index for large non manufacturers rose to 20 from 18 in the December quarter 2016 and in line with estimates. It was the highest reading since the March quarter 2016. Non Manufacturing Pmi in Japan averaged 4.16 from 1983 until 2016, reaching an all time high of 57 in the third quarter of 1990 and a record low of -41 in the fourth quarter of 1998.


Japan Tankan Index For Large Non Manufacturing Companies

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In Japan, the quarterly Tankan Survey of Business Conditions for Large Non-Manufacturers covers about 1,050 companies with capital over 1 billion Yen, operating in the non-manufacturing sector. The survey is done by mail or e-mail and asks participants to evaluate current trends and conditions in the business place and their respective industries as well as their expected business activities for the next quarter and year. The indicator is calculated by subtracting the percentage share of enterprises responding on the negative side from the share giving positive assessments. The index varies on a scale of -100 to 100 such that a value above zero indicates business optimism, a value below zero pessimism and 0 indicates neutrality. This page provides – Japan Non Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Tankan Index For Large Non Manufacturing Companies – actual data, historical chart and calendar of releases – was last updated on April of 2017.