Latest data released by the Japanese Cabinet Office – 8 November 2021
- Prior 101.3
- Coincident index 87.5
- Prior 91.3
The figures reflect some moderation in economic conditions, with the coincident index assessment even downgraded to “weakening” from “improving” – the first time since August 2019. Supply bottlenecks will pose a threat to the outlook in Q4.
The index is used as a reference to economic conditions, but most of the indicators used to make up the index has already been released individually – so there isn’t much of an impact on this release.
This article was originally published by Forexlive.com. Read the original article here.