Japan Coincident IndexJapan Coincident IndexJapan Coincident Index

Japan Coincident Index

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Key data points


Last release
Observation period
Oct 2024
Next release
Forecast
Highest
125.50POINT on Aug 31, 2007
Lowest
83.40POINT on Mar 31, 2009

About Japan Coincident Index


Category
Business
Frequency
Monthly
Units
POINT
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.