The assessment of the coincident index in Japan, which consists of a range of data including factory output, employment, and retail sales, dropped to 74.6 in May 2020 from 80.1 in the prior month, a preliminary figure showed. This was the weakest reading since July 2009, as business activity and demand were severely affected by strict measures to combat the COVID-19 crisis.
Coincident Index in Japan averaged 93.65 from 1985 until 2020, reaching an all time high of 107.30 in October of 1990 and a record low of 69.40 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 July of 2020. source: Cabinet Office, Japan
Coincident Index in Japan is expected to be 88.00 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 99.00 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.