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Japan Tankan Large Non-Manufacturers Index

Japan Tankan Large Non-Manufacturers Index

Actual: -12
Forecast: -9
Previous: -17
Release Date: Sep 30, 2020
Currency: JPY
Country: Japan
Source Of Report: Bank of Japan

The Tankan Large Non-Manufacturing Index reports the level of business conditions amongst large firms within the Japanese service sector. On the index, a negative reading points to deteriorating conditions; whereas a reading above zero below indicates conditions are improving. The data is compiled from survey responses from approximately 1,200 large Japanese service sector companies.

A reading that is stronger than forecast is generally supportive (bullish) for the JPY, while a weaker than forecast reading is generally negative (bearish) for the JPY.

Release Date Actual Forecast Previous
Dec 31, 2020 -12
Dec 13, 2020 (Q4) -9 -12
Sep 30, 2020 (Q3) -12 -9 -17
Jun 30, 2020 (Q2) -17 -18 8
Mar 31, 2020 (Q1) 8 6 20
Dec 12, 2019 (Q4) 20 16 21

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