The gauge for Japan's service sector sentiment rose by 1.5 points from the prior month to 49.9 in October 2022, the Economy Watchers' Survey showed. This was the highest reading since June, as domestic COVID infections remained under control, with the government already lifting all pandemic curbs following a steady drop in virus cases. The index for household trends gained, largely due to rises in service-related goods. Also, the gauge for corporate trends improved, primarily linked to an increase in manufacturing activity. On the flip side, the index for employment fell. Elsewhere, the economic outlook index dropped 2.8 points to a three-month low of 46.4 in October, amid growing concerns over intense cost pressures. source: Cabinet Office, Japan

Economy Watchers Survey in Japan averaged 44.55 points from 2001 until 2022, reaching an all time high of 57.50 points in December of 2005 and a record low of 9.40 points in April of 2020. This page provides - Japan Economy Watchers Survey - actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Economy Watchers Survey - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.

Economy Watchers Survey in Japan is expected to be 44.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Economy Watchers Survey is projected to trend around 44.00 points in 2023 and 49.00 points in 2024, according to our econometric models.

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Japan Economy Watchers Survey



Calendar GMT Actual Previous Consensus TEForecast
2022-10-11 05:00 AM Sep 48.4 45.5 46.4
2022-11-09 05:00 AM Oct 49.9 48.4 47.2
2022-12-08 05:00 AM Nov 49.9 50.7 49


Related Last Previous Unit Reference
Services PMI 50.30 53.20 points Nov 2022
Coincident Index 99.90 100.80 points Oct 2022
Economy Watchers Survey 49.90 48.40 points Oct 2022
Leading Economic Index 99.00 98.20 points Oct 2022
Economy Watchers Survey Outlook 46.40 49.20 points Oct 2022

Japan Economy Watchers Survey
The Economy Watchers Current Index measures the current mood of businesses that directly service consumers, such as barbers, taxi drivers, and waiters. The survey covers eleven regions across the country including Hokkaido, Tohoku, Northern Kanto, Southern Kanto, Tokai, Hokuriku, Kinki, Chugoku, Shikoku, Kyushu, and Okinawa. There were 2,050 people selected among those engaged in jobs in industries. This enabled them to observe any developments that accurately reflect economic activities such as household activity, corporate activity, and employment. A reading above 50.0 indicates optimism; below indicates pessimism.
Actual Previous Highest Lowest Dates Unit Frequency
49.90 48.40 57.50 9.40 2001 - 2022 points Monthly
SA

News Stream
Japan Economy Watchers Sentiment Rises to 4-Month Peak
The gauge for Japan's service sector sentiment rose by 1.5 points from the prior month to 49.9 in October 2022, the Economy Watchers' Survey showed. This was the highest reading since June, as domestic COVID infections remained under control, with the government already lifting all pandemic curbs following a steady drop in virus cases. The index for household trends gained, largely due to rises in service-related goods. Also, the gauge for corporate trends improved, primarily linked to an increase in manufacturing activity. On the flip side, the index for employment fell. Elsewhere, the economic outlook index dropped 2.8 points to a three-month low of 46.4 in October, amid growing concerns over intense cost pressures.
2022-11-09
Japan Economy Watchers Confidence Rises to 3-Month Peak
The gauge for Japan's service sector sentiment rose by 2.9 points from the prior month to 48.4 in September 2022, the Economy Watchers' Survey showed. This was the highest reading since June, as domestic COVID infections remained under control, with the government already lifting all pandemic curbs following a steady drop in virus cases. The index for household trends gained, largely due to rises in eating and drinking-related items. However, the gauge for corporate trends weakened, primarily linked to a contraction in manufacturing activity; and the index for employment also fell. Meantime, the economic outlook index edged down 0.2 points to 49.2 in September, amid concerns over intense cost pressures.
2022-10-11
Japan Services Sector Survey Up in August
The gauge for Japan's service sector sentiment rose by 1.7 points to 45.5 in August 2022 from 43.8 in the prior month which was the lowest reading in five months, the Economy Watchers' Survey showed. The improvement came as domestic COVID infections were under control, with the government already lifting all pandemic curbs following a steady drop in virus cases. The index for household trends gained, largely due to rises in eating and drinking-related items. Further, the gauge for corporate trends strengthened, primarily linked to an increase in non-manufacturing; while the index for employment also rose. Meantime, the economic outlook index jumped 6.6 points to 49.4 in August from 42.8 in July, amid growing hopes of economic recovery despite lingering concerns over intense inflationary pressures.
2022-09-08