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macroSep 30, 2026, 11:54 PM

Japan Tankan Large Manufacturing Index Rises to 24, Below Forecast

Japan's Tankan large manufacturers' index improved to 24 in Q3 from 22 prior, but came in below the 25 consensus forecast.

USDJPY

The latest Tankan survey from the Bank of Japan showed the large manufacturing index at 24 for the third quarter, compared with 22 in the previous reading. That was one point below the 25 consensus forecast.

While the reading marks an improvement, the softer-than-expected outcome points to a slightly more cautious manufacturing backdrop than markets anticipated.

Source: FXStreet Forex News