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Japan’s Tankan poll will be held on Friday | 12.12.24

Japan’s Tankan poll will be held on Friday | 12.12.24

(RTTNews) – The Bank of Japan will release the results of its quarterly Tankan economic sentiment survey on Friday, highlighting an otherwise bright day for economic activity in the Asia-Pacific.

The index of large manufacturers is expected to register a score of +13 with an outlook of +14, both unchanged from the previous survey. The small manufacturing index is expected to stand at -2, down from 0 in the past three months.

Large investment for all industries is expected to rise 9.6 percent, down from 10.6 percent in the third quarter. Small investment for all industries is seen higher at 3.5%, up from 2.6% in Q3.

Japan will also see final October figures for industrial production, with forecasts suggesting a 3.0 percent increase for the month, up from 1.6 percent a month earlier.