Bank of Japan Tankan business judgment of large companies manufacturing fell sharply to minus 34 points 8:55 on July 1
The Bank of Japan announced the Tankan = Corporate Short-Term Economic Observation Survey, and the index showing the economic judgment of the most prominent large enterprise manufacturing industry has deteriorated significantly and has plummeted from minus 8 points in the previous survey to minus 34 points. The index fell 26 points at a stretch, and the deterioration was the second largest drop in history, following the Lehman Shock, when it dropped 34 points in March 2009.
Economic activity is gradually resuming, but exports and production fell sharply from April to May when the emergency situation was announced due to the new coronavirus, and the economic judgment of the manufacturing industry sharply deteriorated is. In addition, economic judgments of non-manufacturing industries such as tourism, restaurants and retailers, whose sales have decreased sharply, have deteriorated significantly.