Bank of Japan survey more optimism over economic recovery ...Middle East

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Bank of Japan survey more optimism over economic recovery
source : Devdiscourse ( Middle East ) () 43
Business sentiment is growing optimistic, a closely watched economic survey by the Bank of Japan showed Thursday, as the world's third-largest economy continues to grapple with the damage from the coronavirus pandemic. The “tankan” survey's headline index for big manufacturers' sentiment stood at plus 5 in March, a considerable improvement over the minus 10 marked in December, and more positive than the forecast at plus 4. The survey's results highlight a steady recovery over the last three quarters to levels before COVID-19 began in late 2019. The tankan measures corporate sentiment by subtracting the number of companies saying business conditions are negative from those responding they are

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