The index of coincident economic indicators in Japan, which covers a range of data, such as factory output, employment, and retail sales, was revised slightly down to 115.1 in June 2023 from flash data of 115.2. Still, this was the highest figure since August 2022, coming after a final 114.3 in the previous month, as the momentum of economic recovery accelerated amid a rebound in tourism activity and further easing of supply chain disruptions. Meantime, the Japanese central bank continues to keep up its monetary easing to support growth. source: Cabinet Office, Japan

Coincident Index in Japan averaged 108.76 points from 1985 until 2023, reaching an all time high of 125.80 points in August of 2007 and a record low of 83.60 points in March of 2009. This page provides the latest reported value for - Japan Coincident Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Coincident Index - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

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Japan Coincident Index



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-08-07 05:00 AM Coincident Index Prel Jun 115.2 114.3 114.6
2023-08-28 05:00 AM Coincident Index Final Jun 115.1 114.3 115.2
2023-09-07 05:00 AM Coincident Index Prel Jul 115.1 115.1


Related Last Previous Unit Reference
New Orders 1024.62 994.74 JPY Billion Jun 2023
Machinery Orders 2.70 -7.60 percent Jun 2023
Changes in Inventories 2489.10 668.20 JPY Billion Mar 2023
Coincident Index 115.10 114.30 points Jun 2023
Economy Watchers Survey 54.40 53.60 points Jul 2023
Leading Economic Index 108.90 109.10 points Jun 2023

Japan Coincident Index
Coincident Index correlates with the business cycle, and is used to identify the current state of the economy. In general, increasing coincident index shows that the economy is in an expansion phase, and decreasing coincident index reflects that the economy is in a contraction phase. The index is calculated using month-over-month percentage changes in 11 leading indicators, 11 coincident indicators, and 6 lagging indicators.
Actual Previous Highest Lowest Dates Unit Frequency
115.10 114.30 125.80 83.60 1985 - 2023 points Monthly
2020=100

News Stream
Japan Coincident Index Revised Slightly Lower
The index of coincident economic indicators in Japan, which covers a range of data, such as factory output, employment, and retail sales, was revised slightly down to 115.1 in June 2023 from flash data of 115.2. Still, this was the highest figure since August 2022, coming after a final 114.3 in the previous month, as the momentum of economic recovery accelerated amid a rebound in tourism activity and further easing of supply chain disruptions. Meantime, the Japanese central bank continues to keep up its monetary easing to support growth.
2023-08-28
Japan Coincident Index Rises to 10-Month Peak
The index of coincident economic indicators in Japan, which covers a range of data, such as factory output, employment, and retail sales, rose to 115.2 in June 2023 from a final 114.3, flash data showed. This was the highest figure since August 2022, as the momentum of economic recovery accelerated amid a rebound in tourism activity and further easing of supply chain disruptions. Meantime, the Japanese central bank continues to keep up its monetary easing to support growth.
2023-08-07
Japan Coincident Index Revised Upward
The index of coincident economic indicators in Japan, which covers a range of data, such as factory output, employment, and retail sales, was revised higher to 114.3 in May 2023, the highest print since September 2022, from a flash reading of 113.8. The latest result followed a final 114.2 in the previous month, under a new base year of 2020 which replaced an old one of 2015, as the momentum of economic recovery gained traction after the government ended its COVID-19 restrictions earlier in the year and foreign tourists returned strongly. Meantime, sentiment among companies remained resilient despite concerns over a slowdown in the global economy.
2023-07-26