The Economy Watchers Survey is published by Cabinet office

  • Its purpose is to examine region-by-region economic trends

Current conditions DI (diffusion index) ... expected 50.5, prior 49.9

and future conditions DI .... expected 51.7, prior 52.4

  • Both due at 0500 GMT

Nomura on what to watch:

  • We forecast a small rise in the current conditions DI ... we think the improvement will be small
  • expect future conditions DI to come in broadly flat

current conditions DI fell sharply month-on-month in January

  • reflecting unfavorable weather