COVID-19: Japan manufacturing sentiment improves in Q3
According to the influential Tankan business survey, manufacturing sentiment of large enterprises in Japan improved considerably in Q3 2021, jumping to 18% from 14% in Q2, and is currently at its highest level since Q4 2018.
Business mood also managed to beat forecasts which predicted 13% for the current quarter. The median market forecast for Q4 2021 is for 14% but actual results have consistently beaten predictions in the past four quarters.
Further data and analysis on Japan’s economy are available on the CEIC Japan Economy in a Snapshot – Q3 2021 report.