The Bank of Japan's index for big manufacturers' sentiment fell to 14 in Q1 2022 from 18 in Q4 2021 and compared with market consensus of 12, reflecting the impact of the Ukraine crisis and commodity inflation. Mood softened among firms producing lumber & wood products (20 vs 25 in Q4), pulp & paper (-3 vs 11), chemicals (28 vs 31), ceramics, stone (0 vs 9), food & beverages (-5 vs 2), processed metals (3 vs 6), business oriented machinery (22 vs 25), electrical machinery (24 vs 29), basic materials (16 vs 18), motor vehicles (-15 vs -8), and processing (12 vs 16). At the same time confidence was unchanged for firms producing petroleum & coal (at 27) while strengthened among non-ferrous metals (21 vs 15), and production machinery (43 vs 40). Meantime, big firms planned to rise capital spending by 2.2%, much softer than 9.3% previously. source: Bank of Japan
Business Confidence in Japan averaged 1.38 points from 1983 until 2022, reaching an all time high of 53 points in the second quarter of 1989 and a record low of -58 points in the first quarter of 2009. This page provides - Japan Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
Business Confidence in Japan is expected to be 15.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Business Confidence is projected to trend around 10.00 points in 2023, according to our econometric models.