This is because investment plans of nonmanufacturing firms fell significantly below the previous year, although plans of manufacturing firms at this time of the fiscal year grew at a somewhat higher pace compared to fiscal 1996.
The intended outcome of the policy measures is to improve the domestic macroeconomic environment; in particular, overall price and financial sector stability, narrowing the current account balance as well as maintaining adequate reserve buffers. Finally, the survey embodies inputs from many teams – designing the survey, respondents and analysts.