Business sentiment among large manufacturers in Japan turned positive for the first time in seven quarters, the Bank of Japan's "tankan" quarterly survey for June showed Monday.
The closely watched diffusion index for large manufacturers' current business conditions stood at plus 4, against minus 8 in the previous March survey, logging the first positive figure since September 2011. The sentiment picked up for the second straight quarter.
The closely watched diffusion index for large manufacturers' current business conditions stood at plus 4, against minus 8 in the previous March survey, logging the first positive figure since September 2011. The sentiment picked up for the second straight quarter.
Source: Jiji Press
