Tuesday, March 13, 2012

Japanese Bank's Survey Shows Improvement

TOKYO - The Bank of Japan's tankan survey Monday showed that business sentiment improved slightly in the three months through June amid signs of the Japanese economy's steady and balanced expansion.

The tankan index, which measures large manufacturers' business conditions, rose in the April-June quarter of 2006 to 21 from 20 in the January-March period.

The index measures the percentage of companies reporting that conditions are better minus those reporting conditions are worse.

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