The monthly Economy Watchers survey's diffusion index, in which a score of more than 50 means people view current economic conditions in a positive light, fell 1.2 points from a month earlier to 44.1 in May 2019, the lowest level since June 2016. Economy Watchers Survey in Japan averaged 45.08 from 2001 until 2019, reaching an all time high of 57.50 in December of 2005 and a record low of 18.90 in December of 2008.
Economy Watchers Survey in Japan is expected to be 44.90 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Economy Watchers Survey in Japan to stand at 48.50 in 12 months time. In the long-term, the Japan Economy Watchers Survey is projected to trend around 49.00 in 2020, according to our econometric models.