BoJ Tankan - Large manufacturers March procurement price index 32 vs 35 in Dec |
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Published
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Mon, 02 Apr 2007 01:33
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TOKYO (XFN-ASIA) - The procurement price index for large manufacturers, which measures the number of firms that see procurement prices rising minus those that expect price declines, improved broadly as prices of crude oil and basic materials peaked, according to the Bank of Japan's latest Tankan survey of business conditions.The BoJ issued the following breakdown of the procurement price index in the March survey, compared to index levels in the December survey:Big manufacturers - plus 32 vs plus 35Big basic materials producers - plus 40 vs plus 41Big processors - plus 29 vs plus 32Big non-manufacturers - plus 15 vs plus 14Small and mid-sized manufacturers - plus 43 vs plus 47Small and mid-sized basic materials producers - plus 44 vs plus 50Small and mid-sized processors - plus 42 vs plus 46Small and mid-sized non-manufacturers - plus 23 vs plus 25The BoJ also issued the following forecasts for June:Big manufacturers - plus 26Big basic materials producers - plus 27Big processors - plus 25Big non-manufacturers - plus 15Small and mid-sized manufacturers - plus 44Small and mid-sized basic materials producers - plus 47Small and mid-sized processors - plus 42Small and mid-sized non-manufacturers - plus 27(1 usd = 117.70 yen)yasuhiko.seki@xfn.com
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BoJ Tankan - March large manufacturers index at plus 23, below forecast 