Japanese manufacturers' mood ascends to pre-financial crisis level

Japanese manufacturers' mood ascends to pre-financial crisis level

Confidence among Japanese manufacturers has soared for an eighth straight month to a level not observed since before the 2008 global financial downtime, as a Reuters poll found, reflecting output as well as export revenues led by overseas economic revival.

The Reuters' monthly survey, tracking the Bank of Japan's major quarterly tankan also demonstrated that confidence at service-sector companies reached a three-month peak, a sign that the effects of an export-led economic revival are gradually spreading.

The Reuters Tankan illustrates the signs of life Japan's economy has demonstrated in recent months because global demand has revived notwithstanding the weakness in private consumption, which constitutes approximately 60% of the Japanese economy.

In the survey of 529 large as well as mid-sized companies, conducted between April 4-17, with 261 responded, in April the sentiment index for manufacturers inched up one point to 26, led by manufacturers of items, including metals, food and machinery.



Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

promotions you can be interested in

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera