The index of coincident economic indicators in Japan, which consists of a range of data including factory output, employment, and retail sales, rose by 1.1 points to 79.4 in August 2020, the highest since March, a preliminary estimate showed. The country's government upgraded its assessment of the economy for the first time since May 2019, to "Halting to fall" from "Worsening" in July, suggesting economic activity in the world’s third-largest economy stopped contracting following the COVID-19 shock.
Coincident Index in Japan averaged 92.54 from 1985 until 2020, reaching an all time high of 107.60 in August of 2007 and a record low of 69.30 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 October of 2020. source: Cabinet Office, Japan
Coincident Index in Japan is expected to be 85.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Coincident Index in Japan to stand at 100.00 in 12 months time. In the long-term, the Japan Coincident Index is projected to trend around 101.00 in 2021 and 106.00 in 2022, according to our econometric models.