Leading signals
Composite Index of Business Conditions: Coincident Index
Coincident — Classification in the Cabinet Office's Indexes of Business Conditions：Coincident Index (CI): a composite of the coincident series（第13次改定）
Agency：Cabinet Office ・ Latest：120.6（2026-07）・MoM +1.43% ・ YoY +4.96% ・ Index (2020 = 100)
The Coincident Index (CI) of the Indexes of Business Conditions is published monthly by Japan’s Cabinet Office. It combines indicators that move together with the business cycle, such as industrial production, the ratio of job offers to applicants and commercial sales. With 2020 set to 100, it shows the current strength and direction of the economy. The Cabinet Office’s monthly assessment of the economy is based mainly on movements in this index. This page uses the values published by the Cabinet Office as they are, shown with moving averages and year-on-year change.
Current state of the data
Growth strengthening
Year-on-year change (3-month average) is +3.32%, compared with +0.98% three months earlier: growth strengthening.
A mechanical summary of past published values by the rules of FirstRelease Japan; it does not indicate future developments. Display rules
Source：Source: Cabinet Office, "Indexes of Business Conditions"（Terms of use）
Processing：3- and 12-month moving averages, year-on-year change, and the ±2σ band over the latest 60 months are calculated by FirstRelease Japan ・ Fetched 2026-10-02
Related sectors
This indicator reflects the economy as a whole, so it is not linked to specific sectors.
Stock prices and stock indices are not shown.