The Reuters Tankan sentiment index for manufacturers in Japan fell to 5 in May 2022 from 11 in the previous month, its lowest since February last year, as firms struggled with rising import costs due to a weak yen and higher raw material prices. The monthly Reuters poll, which tracks the Bank of Japan’s closely watched “tankan” quarterly survey, showed businesses faced headwinds from persistently high raw material costs and Chinese coronavirus lockdown measures. Some firms reported that the surging raw material costs were increasingly pressuring their profit margins, and that these could not be sufficiently passed on to customers. Meanwhile, gains in the metal products/machinery and precision machinery/others sub-indexes helped offset sharp declines in those for autos/transport equipment and steel/nonferrous metals. Looking forward, the poll also found confidence was likely to become less optimistic over the coming three months. source: Tankan Sponsored by Thomson Reuters

Reuters Tankan Index in Japan averaged 0.94 points from 1998 until 2022, reaching an all time high of 39 points in June of 2006 and a record low of -78 points in March of 2009. This page provides - Japan Reuters Tankan Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Reuters Tankan Index - data, historical chart, forecasts and calendar of releases - was last updated on May of 2022.

Reuters Tankan Index in Japan is expected to be 16.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Reuters Tankan Index is projected to trend around 15.00 points in 2023 and -4.00 points in 2024, according to our econometric models.

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Japan Reuters Tankan Index

Related Last Previous Unit Reference
Reuters Tankan Index 5.00 11.00 points May 2022

Japan Reuters Tankan Index
The Reuters Tankan is a monthly survey of leading Japanese companies, and it was formally known as Telerate Tankan until it was renamed after the acquisition of Quick Money line Telerate Corp. by Thomson Reuters Group. It covers a panel of 200 manufacturers and 200 non-manufacturers. The monthly figures are designed to provide early indications of the BOJs quarterly tankan. The indexes are derived by subtracting the percentage of respondents who say business conditions are poor from the percentage of those who say they are good.
Actual Previous Highest Lowest Dates Unit Frequency
5.00 11.00 39.00 -78.00 1998 - 2022 points Monthly