Morale at Japan big manufacturers logs first negative reading in 2 years – Reuters Tankan

As per the latest Reuters Tankan survey, published early Wednesday, “Business confidence at big Japanese firms slid in January with manufacturers showing a negative reading for the first time in two years.”

The Reuters Tankan index for big manufacturers stood at -6 in January, down from +8 last month. With this, the figures marked the first negative reading since January 2021.

More to come