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Japan Coincident Index

Price

Price
116.4 Points
Change +/-
+0.2 Points
Percentage Change
+0.17 %

The current value of the Coincident Index in Japan is 116.4 Points. The Coincident Index in Japan increased to 116.4 Points on 3/1/2026, after it was 116.2 Points on 2/1/2026. From 1/1/1985 to 3/1/2026, the average GDP in Japan was 108.03 Points. The all-time high was reached on 12/1/2017 with 124.5 Points, while the lowest value was recorded on 3/1/2009 with 83.3 Points.

Source: Cabinet Office, Japan

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Coincident Index

Coincident Index

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Consistency Index
Date
Consistency Index
Jan 1, 1985
90.9 points
Feb 1, 1985
90.6 points
Mar 1, 1985
90.4 points
Apr 1, 1985
91.5 points
May 1, 1985
91.4 points
Jun 1, 1985
90.7 points
Jul 1, 1985
91.7 points
Aug 1, 1985
91.1 points
Sep 1, 1985
91.2 points
Oct 1, 1985
91.4 points
Nov 1, 1985
91.5 points
Dec 1, 1985
90.9 points
Jan 1, 1986
90.5 points
Feb 1, 1986
90.4 points
Mar 1, 1986
89.8 points
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Coincident Index History

Coincident Index — History
DateValue
116.4 Points
116.2 Points
117.9 Points
114.5 Points
114.9 Points
115.6 Points
114.9 Points
113.7 Points
114.9 Points
115.7 Points
...

Similar Macro Indicators to Coincident Index

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Automobile production

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633,712 Units
Previous
576,093 Units
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Bankruptcies

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883 Companies
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924 Companies
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Business Climate

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17 points
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16 points
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Business Survey Index for Major Manufacturing Companies

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3.8 %
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Capacity Utilization

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103.7 points
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105 points
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3.77 M Tonnes
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3.33 M Tonnes
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Changes in Inventory Levels

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-1.739 T JPY
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-1.407 T JPY
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Composite Leading Indicator

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100.342 points
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100.277 points
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Composite PMI

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51.1 points
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52.2 points
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Corporate profits

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30.027 T JPY
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27.539 T JPY
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Economic Observer Survey

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40.8 points
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42.2 points
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Economic Observer Survey Outlook

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39.4 points
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38.7 points
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Industrial production

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2.3 %
Previous
2.4 %
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Industrial Production MoM

Monthly

Current
0.8 %
Previous
-0.4 %
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Leading Indicator

Monthly

Current
114 points
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113.2 points
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Machine Orders

Monthly

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-9.4 %
Previous
13.6 %
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Machine Tool Orders

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188.971 B JPY
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193.506 B JPY
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Manufacturing PMI

Monthly

Current
54.5 points
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55.1 points
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Manufacturing Production

Monthly

Current
2.5 %
Previous
0.3 %
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Mining Production

Monthly

Current
-4.2 %
Previous
-1.7 %
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New Orders

Monthly

Current
1.178 T JPY
Previous
1.254 T JPY
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PMI Non-Manufacturing Sector

Quarter

Current
36 points
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34 points
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Private Investments

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6.5 %
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2.9 %
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Reuters Tankan Index

Monthly

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8 points
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7 points
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Services PMI

Monthly

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50 points
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Small Business Sentiment

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6 points
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Steel production

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6.6 M Tonnes
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6.9 M Tonnes
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Tankan Capex of All Industries

Quarter

Current
3.3 %
Previous
12.6 %
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Tankan Outlook for Major Manufacturing Companies

Quarter

Current
14 points
Previous
15 points
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Tankan Outlook for Non-Manufacturing Sector

Quarter

Current
29 points
Previous
28 points
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Tertiary Industry Index

Monthly

Current
105.7 points
Previous
105.9 points
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Vehicle Registrations

Monthly

Current
223,369 Units
Previous
265,438 Units

Coincident Index

The Coincident Index, which aligns with the business cycle, serves to identify the current state of the economy. Generally, an increasing Coincident Index indicates that the economy is in an expansion phase, while a decreasing Coincident Index suggests that the economy is in a contraction phase. This index is calculated using month-over-month percentage changes in 11 leading indicators, 11 coincident indicators, and 6 lagging indicators.

Macro pages for other countries in Asia

What is Coincident Index?

The coincident index is a critical metric in macroeconomics, providing a comprehensive snapshot of the current state of economic activity within a given region. As a professional platform dedicated to disseminating macroeconomic data, Eulerpool places significant emphasis on delivering accurate and timely information regarding the coincident index to help economists, analysts, and policymakers make well-informed decisions. A coincident index aggregates a diverse range of indicators that move in tandem with the overall economy. These indicators typically include variables such as employment figures, personal income levels, industrial production, and retail sales. By compiling these data points, the coincident index offers a real-time perspective of economic health, contrasting with leading or lagging indicators that either forecast future economic conditions or confirm trends after they have taken shape. The development of the coincident index traces back to the need for a robust mechanism that captures the essence of economic performance at any given moment. Various countries and institutions, including the Conference Board in the United States, have devised their versions of the coincident index to reflect the economic conditions pertinent to their contexts. These indices are invaluable for creating economic policies, business strategies, and investment decisions, as they provide a pulse check on the economy's current performance. At Eulerpool, we prioritize the accuracy and reliability of our coincident index data, recognizing their pivotal role in economic analysis. Our platform meticulously curates data from reputable sources and adheres to stringent methodologies to ensure that the coincident index we present is a true reflection of contemporary economic conditions. Understanding the components of the coincident index is essential for deciphering its implications. Employment data, for instance, is a critical element since it directly correlates with consumer spending and, consequently, overall economic activity. High employment levels typically indicate robust economic health, while declining employment figures can signal a weakening economy. At Eulerpool, we offer detailed insights into employment trends, dissecting variables like unemployment rates, job creation statistics, and workforce participation. Personal income levels are another fundamental component of the coincident index. They provide insights into the financial well-being of households, which influences consumer spending—the backbone of economic activity. By tracking variables such as wages, salaries, and transfer payments, Eulerpool helps users gauge the purchasing power of consumers and their likely spending behavior. Industrial production data, which measures the output of factories, mines, and utilities, is yet another critical element of the coincident index. This data not only helps track the manufacturing sector's performance but also serves as a barometer for broader economic trends. A thriving industrial production environment usually signals robust business confidence and economic expansion, while sluggish production can be indicative of economic slowdown. Eulerpool provides granular data on industrial production trends, enabling users to pinpoint industry-specific dynamics and broader economic patterns. Retail sales, reflecting consumer spending, are inherently linked to the overall health of the economy. Retail sales data offers direct insights into consumer confidence and disposable income levels, thus serving as a vital component of the coincident index. At Eulerpool, we strive to deliver comprehensive retail sales data, breaking down figures across various segments to offer a nuanced understanding of consumer spending habits. The coincident index, despite its immediacy, is not immune to limitations. For instance, it does not predict future economic conditions, missing the forward-looking element that leading indices offer. Additionally, the coincident index can sometimes be susceptible to volatility, as it aggregates data points that can fluctuate due to short-term anomalies or seasonal effects. At Eulerpool, we address these limitations by providing contextual analysis and trend-based insights to interpret the coincident index data meaningfully. Our experts offer in-depth commentary and auxiliary data sets to complement the coincident index, helping users navigate its complexities and extract actionable insights. Another aspect where Eulerpool adds value is in the comparative analysis of coincident indices across different regions. By providing a platform for cross-regional analysis, we empower users to benchmark economic performance and identify relative strengths and weaknesses within various economies. This global perspective is invaluable for multinational corporations, international investors, and policymakers engaged in cross-border economic planning and strategy. The coincident index's utility extends beyond its immediate data points; it integrates into broader economic models and forecasting methodologies. For instance, it serves as a critical input for models assessing economic cycles, providing a real-time reference against which other variables can be measured and interpreted. At Eulerpool, we integrate coincident index data into advanced analytical tools, enabling users to conduct sophisticated economic modeling and scenario analysis. In summary, the coincident index is an indispensable tool in macroeconomic analysis, offering a real-time snapshot of economic activity through a composite of critical indicators such as employment, personal income, industrial production, and retail sales. At Eulerpool, we take pride in delivering accurate, reliable, and context-rich coincident index data, empowering our users to make informed and strategic economic decisions. Our commitment to methodological rigor, detailed insights, and global perspective ensures that Eulerpool remains an authoritative source for macroeconomic data, specifically the coincident index.

Coincident Index Japan — FAQ

What is the current Coincident Index in Japan?

The current Coincident Index in Japan is 116.4 Points as of 3/1/2026.

How has the Coincident Index in Japan changed recently?

The Coincident Index in Japan increased from 116.2 Points (2/1/2026) to 116.4 Points (3/1/2026).

What is the all-time high for Coincident Index in Japan?

The all-time high for Coincident Index in Japan was 124.5 Points, recorded on 12/1/2017.

What is the all-time low for Coincident Index in Japan?

The all-time low for Coincident Index in Japan was 83.3 Points, recorded on 3/1/2009.

What is the historical average of Coincident Index in Japan?

The historical average of Coincident Index in Japan is 108.03 Points, calculated over the period from 1/1/1985 to 3/1/2026.

Where does the Coincident Index data for Japan come from?

The Coincident Index data for Japan is sourced from Cabinet Office, Japan and published on Eulerpool.