Japanese business confidence improves as headline index reaches +24 in September
The headline index measuring big manufacturers’ business sentiment rose to +24 in September, up from +22 recorded in June. Overall Japanese business confidence improved over the three months leading up to September.
Sentiment among big non-manufacturers remained relatively high, standing at +35, a slight dip from the +37 reading seen in June. Regarding future costs, companies anticipate inflation reaching 2.6 percent within three years.
Furthermore, the data indicates that firms project inflation to settle at 2.5 percent over a five-year period. This positive business sentiment follows the Bank of Japan raising its interest rates to a 31-year high last month.
























































