Japanese manufacturers least pessimistic since July 2019 in Jan


The Reuters Tankan index readings are derived by subtracting the percentage of respondents who say conditions are poor from those who say they are good. A negative reading means that pessimists outnumber optimists.

TOKYO: Sentiment among Japanese manufacturers improved to its least gloomy since July 2019 in January, while that of service-sector firms worsened, as businesses remained hampered by COVID-19 disruptions, the Reuters Tankan survey showed on Monday.

The Reuters Tankan index readings are derived by subtracting the percentage of respondents who say conditions are poor from those who say they are good. A negative reading means that pessimists outnumber optimists.

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