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Japan BSI Large Manufacturing Conditions

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Japan BSI Large Manufacturing Conditions

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Latest Release
Mar 11, 2024
Actual
-6.7
Forecast
6.2
Previous
5.7
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
Mar 11, 2024 (Q1) 19:50 -6.7 6.2 5.7
Dec 10, 2023 (Q4) 19:50 5.7 5.6 5.4
Sep 12, 2023 (Q3) 19:50 5.4 0.2 -0.4
Jun 12, 2023 (Q2) 19:50 -0.4 -4.2 -10.5
Mar 12, 2023 (Q1) 19:50 -10.5 -4.2 -3.6
Dec 11, 2022 (Q4) 19:50 -3.6 2.3 1.7

News

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Asian Stocks Down as Inflation Remains “Biggest Risk” By Investing.com - Mar 10, 2022

By Gina Lee Investing.com – Asia Pacific stocks were down on Friday morning, with Chinese stocks in the U.S. plummeting to around 14-year lows. Investors also digested data showing the highest U.S....

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 09, 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...

Japan’s BSI manufacturing index 7.5 vs. 3.4 forecast
Japan’s BSI manufacturing index 7.5 vs. 3.4 forecast By Investing.com - Dec 08, 2016 1

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...

Analysis

Kenny Fisher
Dollar Pushes Wobbly Yen To 116 By Kenny Fisher - Mar 10, 2022

The Japanese yen continues to lose ground to the US dollar. USD/JPY has climbed above the 116 line for the first time since early February. The yen is on its heels, as USD/JPY is within striking...

BSI Large Manufacturing Conditions Discussion

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