Recession Indicator

September: The Recession Indicator marks 7.1%

- The Leading Index exceeded the pre-corona epidemic level

Takashi MIYAZAKI
  Senior Economist

2020/11/10

  The Recession Indicator for Japan released by Japan Center for Economic Research (JCER) marks 7.1% (Figure 1). The Leading Index as an underlying data rose for four consecutive months, due to i

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2020/11/10

September: The Recession Indicator marks 7.1%

- The Leading Index exceeded the pre-corona epidemic level

Takashi MIYAZAKI

2020/10/08

August: The Recession Indicator marks 10.5%

- The Leading Index rose for three successive months

Takashi MIYAZAKI

2020/09/08

The Recession probability marks 30.7% in July

- Official publish resumes and estimation method is improved

Takashi MIYAZAKI

2020/08/11

<Reference value>June: The Recession Indicator marks 24%

- The Leading Index recorded the largest ever rise

Takashi MIYAZAKI

2020/07/08

<Reference value>May: The Recession Indicator marks 28.6%

- The Leading Index rose for the first time in three months

Takashi MIYAZAKI

2020/06/10

Official release of the recession indicator temporarily suspended: A sharp decline in the leading index due to the Coronavirus crisis distorts the probability

- Until the estimation method is revised, the reference value will continue to be calculated
- The reference value for April is 59.4%

Takashi MIYAZAKI