Japan's major manufacturers see business confidence rise to a four-year high

Foreign media: Business sentiment of large Japanese manufacturers rose to a four-year high in the three months ending December.

The central bank's "Short-term Economic Survey" shows that market expectations for the Bank of Japan to raise interest rates this week have strengthened. The confidence index of large manufacturers rose from +14 in September to +15 in December, while the confidence index of large non-manufacturers remained at +34. Companies expect capital spending to grow by 12.6% this fiscal year, higher than the market's forecast of 12%.

Companies expect sales prices to continue to rise over the next three months, but they still worry about issues such as labor shortages and consumer demand affected by high prices, which bring uncertainty to future business prospects.

Original article: toutiao.com/article/1851544443152460/

Statement: This article represents the views of the author himself.