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FILE - The headquarters of Bank of Japan (BOJ) is seen in Tokyo, on Aug. 18, 2023. (AP Photo/Shuji Kajiyama, File)

Japan's central bank survey underpins optimism about growth

Business sentiment among Japan’s large manufacturers stood unchanged in the latest quarter from the previous quarter, according to a closely watched survey called “tankan.”

By YURI KAGEYAMA
Published - Sep 30, 2024, 09:38 PM ET
Last Updated - Dec 16, 2024, 06:46 PM EST

TOKYO (AP) — Business sentiment among Japan’s large manufacturers stood unchanged in the latest quarter from the previous quarter, according to a closely watched survey called “tankan” released Tuesday.

The Bank of Japan survey put the benchmark index at plus-13 for the July-September quarter, the same from the previous survey conducted for April-June.

A positive number means more companies said they were optimistic about business conditions than those feeling pessimistic.

The index for large nonmanufacturers stood at plus-34, up from plus-33 the previous quarter.

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