boj japan business confidence flat despite signs of recovery
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

BoJ: Japan business confidence flat despite signs of recovery

Arab Today, arab today

Arab Today, arab today BoJ: Japan business confidence flat despite signs of recovery

Japan economy
Tokyo - Arab Today

Japanese business confidence was flat in the last quarter of the year, a central bank survey showed Monday, despite signs of a pickup in the world's number three economy.

The Bank of Japan's closely watched Tankan report showed the confidence index among major manufacturers was unchanged at plus 12 in December from the previous quarter.

The report is the most comprehensive indicator of how Japan Inc. is faring and marks the difference between the percentage of firms that are upbeat and those that see conditions as unfavourable.

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