Japan BSI Large Manufacturing Conditions

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Latest ReleaseMar 11, 2026
Actual3.8
Forecast5.3
Previous
4.7
Importance:Country:Currency:Source:
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.

BSI Large Manufacturing Conditions Discussion

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