The index of coincident economic indicators in Japan, which covers a range of data, such as factory output, employment, and retail sales, dropped to 96.1 in January 2023 from a final 99.1 a month earlier, flash data showed. This was the lowest reading since May 2022 due to persistent cost pressures and pandemic border controls for travelers arriving from China after Beijing eased strict antivirus measures in December. source: Cabinet Office, Japan

Coincident Index in Japan averaged 92.93 points from 1985 until 2023, reaching an all time high of 107.40 points in August of 2007 and a record low of 71.60 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 March of 2023.

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Japan Coincident Index



Calendar GMT Actual Previous Consensus TEForecast
2023-02-27 05:00 AM Coincident Index Final Dec 99.1 99.3 98.9
2023-03-08 05:00 AM Coincident Index Prel Jan 96.1 99.1 99
2023-03-27 05:00 AM Coincident Index Final Jan 99.1 96.1


Related Last Previous Unit Reference
New Orders 1022.54 1005.99 JPY Billion Jan 2023
Machinery Orders 9.50 1.60 percent Jan 2023
Changes in Inventories 157.20 2672.10 JPY Billion Dec 2022
Coincident Index 96.10 99.10 points Jan 2023
Economy Watchers Survey 52.00 48.50 points Feb 2023
Leading Economic Index 96.50 96.90 points Jan 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
96.10 99.10 107.40 71.60 1985 - 2023 points Monthly
2015=100

News Stream
Japan Coincident Index Falls to 8-Month Low
The index of coincident economic indicators in Japan, which covers a range of data, such as factory output, employment, and retail sales, dropped to 96.1 in January 2023 from a final 99.1 a month earlier, flash data showed. This was the lowest reading since May 2022 due to persistent cost pressures and pandemic border controls for travelers arriving from China after Beijing eased strict antivirus measures in December.
2023-03-08
Japan Coincident Index Lowest in 7 Months
The index of coincident economic indicators in Japan, which covers a range of data, such as factory output, employment, and retail sales, was at 99.1 in December 2022, compared with a flash figure of 98.8 and after a final 99.3 a month earlier. This was the lowest reading since May due to persistent cost pressures and rising domestic COVID cases. Meanwhile, government officials reportedly tried to downplay the coronavirus surge during the month and pressed ahead with the removal of remaining mitigation measures.
2023-02-27
Japan Coincident Index Falls to 7-Month Low
The index of coincident economic indicators in Japan, which covers a range of data, such as factory output, employment, and retail sales, dropped to 98.9 in December 2022 from a final 99.3 a month earlier, flash data showed. This was the lowest reading since May due to persistent cost pressures and rising domestic COVID cases. Meanwhile, government officials reportedly tried to downplay the recent virus surge and pressed ahead with the removal of remaining mitigation measures.
2023-02-07