Signs of reflation in Japan as Abe sweeps back to power
Tankan may give cause for hope - but the results are mixed
The Bank of Japan's (BoJ) Tankan survey of business sentiment today showed some hints that prices might creep upwards in the coming months, as prime minister Shinzo Abe swept back to power following snap elections.
The Tankan measures businesses' outlook for the economy by subtracting those that say conditions have gotten worse – or will get worse – from those that say conditions are improving. A positive figure indicates businesses in aggregate are optimistic about the economy.
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