Japan large manufacturing expands in Q2

Thursday, 01. July 2021 01:52

The Japanese Tankan Large Manufacturing Index improved to 14 in the second quarter of 2021, the Bank of Japan said in its report published on Thursday, with the figure signaling expansion but failing to meet market estimates.

The Tankan Large Manufacturing Outlook for the same quarter met also failed expectations by rising to 13, while the Large All Industry Capex improved to higher-than-expected 9.6%. The Large Non-Manufacturing Index turned to positive territory in the latest update.

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Breaking the News / ND