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The Independent UK
The Independent UK
National
Elaine Kurtenbach

Japan business survey shows slight improvement in outlook for manufacturers

Japan Economy - (Copyright 2021 The Associated Press. All rights reserved)

A quarterly survey by Japan’s central bank shows business sentiment has improved slightly, especially in major heavy industries such as automaking, fossil fuels and machinery, while services industries were less upbeat.

The survey released Friday by the Bank of Japan, called the tankan, might influence the central bank's decision on whether to raise its benchmark interest rate next week. It shows the difference between companies saying they are optimistic about business conditions and those that are pessimistic.

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