Taiwan - PMI

Paul Cavey

Feb 8, 2022 • 2 min read

East Asia Today

Today has been very quiet for releases, so just a few charts on Japan after the release of the full Tankan survey for Q4.

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Japan – strong Tankan details

The BOJ has been concerned that tariffs would reduce profits, cutting into wages and capex. The Tankan shows no evidence of that: profit and investment expectations remain firm, as do inflation expectations, with the backdrop being a labour market that is tight for all industries.

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East Asia Today

In addition to all today's data from China, some comments on Friday's monetary release and yesterday's high-frequency price data. In Japan, in addition to the Tankan, the BOJ today released the results of a special wage survey. Taiwan FDI data show investment in the US this year falling to USD4bn.