BoJ Tankan Large Manufacturing Index shows the sentiments of the large industrial companies concerning the pace of the economic growth and business environment in the given period. The calculation is based on the survey of the industry representatives. The questions cover the business environment, supply and demand, inventory, production volumes, employment, financial position, profit, tax and credit conditions, as well as changes in product prices.
The export of industrial goods comprises an important part of the country's GDP, therefore the indicator defines the level of the Japanese economy development and the situation in the manufacturing sector.
The indicator growth can have a positive effect on the yen quotes.
The chart of the entire available history of the "Bank of Japan (BoJ) Tankan Large Manufacturing Index" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.
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The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.