URGENT: Big manufacturers' sentiment worsens to 14 in March from 17: BOJ

Economy

Business confidence among major Japanese manufacturers worsened to 14 in March from 17 three months earlier, the Bank of Japan's Tankan survey showed Friday. The reading of the key index measuring confidence among companies such as automakers and electronics makers compares with an average market forecast of 11 in a Kyodo News survey. The index for large nonmanufacturers, including the service sector, fell to 9 from 10 in the previous survey.

Kyodo News

Kyodo News Bank of Japan