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Japan BSI Large Manufacturing Conditions

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Japan BSI Large Manufacturing Conditions

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Status

 
Latest Release
Sep 11, 2024
Actual
4.5
Forecast
-2.5
Previous
-1.0
The Business Sentiment Index (BSI) Large Manufacturing Conditions Index measures business sentiment in manufacturing. The data is derived from a survey of large Japanese manufacturers. It is a key indicator of the strength of the Japanese economy, which relies heavily on the manufacturing industry. A level above zero indicates improving conditions; a level below indicates worsening conditions. This survey may help to predict the Bank of Japan's Tankan Large Manufacturing Index which is generally released about a week later.

A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
Importance:
Country:
Currency: JPY
Source: Ministry of Finance
Japan BSI Large Manufacturing Conditions
 
Release Date Time Actual Forecast Previous
Sep 12, 2024 (Q3) 10:50 4.5 -2.5 -1.0
Jun 13, 2024 (Q2) 10:50 -1.0 -5.2 -6.7
Mar 12, 2024 (Q1) 10:50 -6.7 6.2 5.7
Dec 11, 2023 (Q4) 10:50 5.7 5.6 5.4
Sep 13, 2023 (Q3) 10:50 5.4 0.2 -0.4
Jun 13, 2023 (Q2) 10:50 -0.4 -4.2 -10.5

News

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Japan’s BSI manufacturing index 1.1 vs. 8.4 forecast
Japan’s BSI manufacturing index 1.1 vs. 8.4 forecast By Investing.com - Mar 10, 2017

Investing.com - Japan’s Business Index Survey of large manufacturing conditions fell unexpectedly in the last quarter, official data showed on Thursday.In a report, Ministry of Finance said that...

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Investing.com - Japan’s Business Index Survey of large manufacturing conditions rose more-than-expected in the last quarter, official data showed on Thursday.In a report, Ministry of Finance...

BSI Large Manufacturing Conditions Discussion

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