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Business Confidence

The Japanese Business Confidence index is derived from an email questionnaire sent to 1,100 Japanese manufacturers with capital over 1 billion Yen, and takes into account current businesses trend and future expectations. The index is considered a leading indicator and ranges from -100 to 100. A reading above 0 indicates higher confidence, whereas 0 or below 0 indicates no change or lower expectations respectively. The statistic is published by Bank of Japan every month.

 Japanese Business Confidence

In Q2 2017 the index rose to 17 versus 12 in the previous quarter, beating the consensus estimate of 15. The index reached an all-time high of 53 in Q2 1989 and a record low of -58 in Q1 2009.