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.

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Japan Coincident Index

Actual Previous Highest Lowest Dates Unit Frequency
79.40 78.30 107.60 69.30 1985 - 2020 Monthly
2015=100


Calendar GMT Actual Previous Consensus TEForecast
2020-08-26 05:00 AM Coincident Index Final Jun 76.6 72.9 76.4 76.4
2020-09-07 05:00 AM Coincident Index Prel Jul 76.2 74.4 77
2020-09-30 05:00 AM Coincident Index Final Jul 78.3 74.4
2020-10-07 05:00 AM Coincident Index Prel Aug 79.4 78.3 79
2020-10-26 05:00 AM Coincident Index Final Aug 78.3 79.4 79.4
2020-11-09 05:00 AM Coincident Index Prel Sep 80
2020-11-26 05:00 AM Coincident Index Final Sep 80
2020-12-07 05:00 AM Coincident Index Prel Oct


News Stream
Japan Coincident Indicator Suggests Economy Stopped Contracting
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.
2020-10-07
Japan Coincident Index Revised Higher
The assessment of the coincident index in Japan, which consists of a range of data including factory output, employment, and retail sales, stood at 78.3 in July 2020, compared with the preliminary reading of 76.2 and a final 74.4 a month earlier. This was the highest reading since April, as the economy recovered further from the COVID-19 crisis.
2020-09-30
Japan Coincident Index Drops in July
The assessment of the coincident index in Japan, which consists of a range of data including factory output, employment, and retail sales, fell to 76.2 in July 2020 from 76.6 in June, a preliminary reading showed, as some parts of the country continued to struggle with a resurgence in coronavirus cases.
2020-09-07
Japan Coincident Index Revised Upwards
The assessment of the coincident index in Japan, which consists of a range of data including factory output, employment, and retail sales, was revised higher to 76.6 in June 2020, compared to a preliminary reading of 76.4 and May's 72.9. The latest figure came in as business activity reopened and demand improved on the back of a relaxed coronavirus lockdown restrictions.
2020-08-26

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.