The business survey index of large manufacturing firms in Japan increased 7.9% in the fourth quarter of 2021 from 7% in the third quarter, remaining positive for the second consecutive period as business confidence rose after the latest coronavirus state of emergency was lifted. The results came amid a new threat from the Omicron variant which reports suggested is less severe than initially feared, raising optimism over the global economic recovery. The Japanese government also provided support for the economy, unveiling a record $490 billion fiscal package while the Bank of Japan appeared keen to retain accommodative monetary policies. The business survey index measures the percentage of firms that expect the business environment to improve from the previous quarter minus the percentage that expect it to worsen. source: Cabinet Office, Japan
Business Survey Index Large Manufacturing Firms in Japan averaged -1.07 percent from 2004 until 2021, reaching an all time high of 21.60 percent in the fourth quarter of 2020 and a record low of -66 percent in the first quarter of 2009. This page includes a chart with historical data for Japan Business Survey Index Large Manufacturing Firms. Japan Business Survey Index Large Manufacturing Firms - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.
Business Survey Index Large Manufacturing Firms in Japan is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.