Reuters Tankan survey for March 2025
- Manufacturers' sentiment drops to -1 in March from +3 in February - Non-manufacturers' index declines to +25 from +30 - Outlook improves slightly for June, with manufacturers seen at +4 and non-manufacturers at +28
The non-manufacturers’ index also weakened, slipping from +30 in February to +25 in March, as rising labour and transport costs weighed on sentiment.
Despite the current weakness, sentiment for June is slightly more optimistic, with manufacturers expecting an index of +4 and non-manufacturers forecasting +28.
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respondents spoke on the condition of anonymityReuters Tankan indexes are calculated by subtracting the percentage of pessimistic respondents from optimistic ones. A positive reading means optimists outnumber pessimists.
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The Bank of Japan statement is due today, no change to policy is expected:
Economic calendar in Asia Wednesday, March 19, 2025 - Bank of Japan Day! This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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