1 October 2001, 10:28  BoJ Tankan - Sept large manufacturer DI index minus 33 vs minus 16 June

TOKYO (AFX-ASIA) - The diffusion index of business sentiment at large manufacturers fell to minus 33 in September, the Bank of Japan said in its latest quarterly survey of short-term business conditions, known as the Tankan.
In the June Tankan, the large manufacturers diffusion index had stood at minus 16 and was forecast to deteriorate to minus 14 in September.

The Bank of Japan provided the following diffusion indices for September, compared with the June indices:
Large manufacturers - minus 33 vs minus 16
Large non-manufacturers - minus 17 vs minus 13
Mid-sized manufacturers - minus 43 vs minus 15
Mid-sized non-manufacturers - minus 27 vs minus 21
Small manufacturers - minus 47 vs minus 37
Small non-manufacturers - minus 37 vs minus 31

The actual indices contained in the latest report compare with the following forecasts for September released in the June survey:
Large manufacturers - minus 14
Large non-manufacturers - minus 11
Mid-sized manufacturers - minus 29
Mid-sized non-manufacturers - minus 21
Small manufacturers - minus 39
Small non-manufacturers - minus 35

The bank provided the following forecasts for the December indices:
Large manufacturers - minus 31
Large non-manufacturers - minus 20
Mid-sized manufacturers - minus 42
Mid-sized non-manufacturers - minus 32
Small manufacturers - minus 52
Small non-manufacturers - minus 43

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