The business climate in Japan has slightly improved, despite concerns over tariffs.

Gate News bot news, Japanese large manufacturers have a slightly more optimistic view of the operating conditions for the second quarter, despite lingering concerns over the impact of the increased tariffs in the United States. The Bank of Japan’s short-term economic outlook survey released on Tuesday showed that the main index measuring large manufacturers’ confidence is +13. In comparison, the reading from the March survey was +12. This index also exceeded the expected +10 from economists surveyed by data provider Quick and marked the first improvement in two quarters. The index represents the percentage of companies that think the business environment is favorable minus the percentage of companies that think the business environment is unfavorable. Following the stronger-than-expected results of the short-term survey that improved the Bank of Japan’s interest rate hike outlook, the yen rose to around 143.45 yen against the dollar, the strongest level since June 13.