Financial News: BoJ Tankan: Large Manufacturers Index +14 In Q4;

BoJ Tankan: Large Manufacturers Index +14 In Q4; Outlook +13

12/12/2024 - 19:07:00 (RTTNews)

(RTTNews) - Large manufacturing in Japan accelerated slightly in the third quarter of 2024, the Bank of Japan's quarterly Tankan Survey of business sentiment showed on Friday with a diffusion index score of +14.

That beat forecasts for a reading of +13, which would have been unchanged from three months earlier.

The outlook came in at +13, easing from +14 in the previous quarter.

The large non-manufacturers index came in at +33, beating forecasts for +28 and down from +34. The outlook was +28, down from +33 three months earlier.

The medium manufacturing index was at +11 with an outlook of +8, while the medium non-manufacturing index was at +22 with an outlook of +15.

The small manufacturing index was at +1, while the small non-manufacturing index was at +16.

Large industry capex is seen higher by 11.3 percent, beating forecasts for 9.6 percent and up from 10.6 percent in Q3. Small industry capex was up 4.0 percent, accelerating from 2.6 percent in the three months prior.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

UK Manufacturers Expect Output To Fall Further: CBI (37 min(s), 33 sec(s) ago)
(RTTNews) - UK manufacturers expect output to decline further in the coming three months, the late ...Full Story»

South Africa Wholesale Sales Plunge 7.3% (01 hr(s), 03 min(s), 33 sec(s) ago)
(RTTNews) - South Africa's wholesale trade declined sharply in November after a strong rebound ...Full Story»

Turkey Central Bank Slashes Rate For Second Straight Time (01 hr(s), 25 min(s), 33 sec(s) ago)
(RTTNews) - Turkey's central bank slashed its benchmark rate by 250 basis points for the secon ...Full Story»

Belgium Consumer Confidence Weakens Further (01 hr(s), 25 min(s), 33 sec(s) ago)
(RTTNews) - Belgian consumers continued to express more pessimistic attitudes at the start of the ...Full Story»

Hungary Wage Growth Eases In November (01 hr(s), 56 min(s), 33 sec(s) ago)
(RTTNews) - Hungary's average gross earnings growth moderated in November after accelerating i ...Full Story»

Poland Retail Sales Growth Slows To 1.9% (02 hr(s), 25 min(s), 33 sec(s) ago)
(RTTNews) - Poland's retail sales expanded at a slower-than-expected pace in December, figures ...Full Story»

Norway Central Bank Holds Rate; Set To Loosen Policy In March (03 hr(s), 05 min(s), 33 sec(s) ago)
(RTTNews) - Norway's central bank left its key interest rate unchanged as widely expected on T ...Full Story»

Taiwan Industrial Output Growth Quickens, Retail Sales Rise For Second Month (04 hr(s), 01 min(s), 33 sec(s) ago)
(RTTNews) - Taiwan's industrial production expanded at an accelerated pace at the end of the y ...Full Story»