Tankan Large Manufacturing Index

The Tankan Large Manufacturing Index released by the Bank of Japan presents overall business conditions of the large manufacturing companies in Japan. It is an indicator of the Japanese economy as Japan heavily relies on the manufacturing industry that leads growth for the export-oriented economy. A result above the 0 level is seen as positive (or bullish) for the JPY, whereas a result below 0 is seen as negative (or bearish).

Most recent - Thursday 12 December 2024 23:50

Previous
13
Revised
-
Forecast
12
Actual
14

Higher numbers than forecast tend to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.

Trading range

Forecast history

The most recent announced value for Tankan Large Manufacturing Index was 14 against a forecast of 12.

Past events

Date
Forecast
Actual
Thursday 12 December 2024 23:50
12
14
Monday 30 September 2024 23:50
13
13
Sunday 30 June 2024 23:50
-
13
Sunday 31 March 2024 23:50
10
11
Tuesday 12 December 2023 23:50
10
12
Sunday 1 October 2023 23:50
6
9
Sunday 2 July 2023 23:50
3
5
Sunday 2 April 2023 23:50
3
1
Tuesday 13 December 2022 23:50
6
7
Sunday 2 October 2022 23:50
11
8
Thursday 30 June 2022 23:50
13
9
Thursday 31 March 2022 23:50
12
14

Economic context

Recent economic data has been strongly bullish for JPY. Other recent announcements which may affect the market's interpretation of the next Tankan Large Manufacturing Index result:

PreviousLatest
National Consumer Price Index (YoY)Bullish change2.3%2.9%
National CPI ex Food, Energy (YoY)Bullish change2.3%2.7%
National CPI ex Fresh Food (YoY)Bullish change2.3%2.7%
Exports (YoY)Bullish change3.1%3.8%
Imports (YoY)Bearish change0.4%-3.8%
Merchandise Trade Balance TotalBullish change¥-462.1B¥-117.6B
Tankan Large All Industry CapexBullish change10.6%11.3%
Tankan Large Manufacturing OutlookBearish change1413
Gross Domestic Product (QoQ)Bullish change0.2%0.3%
Gross Domestic Product AnnualizedBullish change0.9%1.2%
Gross Domestic Product Deflator (YoY)Bearish change2.6%2.4%
Current Account n.s.a.Bullish change¥1717.1B¥2456.9B

About Tankan Large Manufacturing Index

Country:Japan
Currency:JPY
Source:Bank of Japan
Category:Economic Activity
Frequency:Quarterly

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