Dossier
diffusion index
Coverage of diffusion index in the Nexus archive.
- Survey shows Japan's business sentiment improving for a 5th straight quarter
Japan's business sentiment improved for a fifth consecutive quarter according to the Bank of Japan's tankan survey, with the diffusion index rising to 22. The survey noted challenges from higher fuel prices linked to the Iran war and a weak yen, which is near a 40-year low, while the BOJ raised its benchmark interest rate to 1% amid inflationary pressures.