July: The Recession Indicator was 82.7%
－ Exceeding the warning level due to the stock pile-up resulting from the dismal foreign demands.
2023/09/08
The Recession Indicator for Japan in July 2023, compiled by the Japan Center for Economic Research (JCER), was 82.7% (retroactively revised basis, Figure 1). In July, Index of Producer's Invent
>Read more- 2023/09/08
-
July: The Recession Indicator was 82.7%
－ Exceeding the warning level due to the stock pile-up resulting from the dismal foreign demands.
- 2023/08/08
-
June: The Recession Indicator was 44.5%
－ The probability almost stayed at the previous month's level.
- 2023/07/10
-
May: The Recession Indicator fell to 37.1% further
－ New housing construction and stock prices contributed to the improvement
- 2023/06/09
-
April: The Recession Indicator fell to 46.5%
－ A wide range of underlying statistics improve, the probability is below the warning level
- 2023/05/11
-
March: The Recession Indicator marks 85.7%
－ The probability is above the warning level again
- 2023/04/10
-
February: The Recession Indicator falls to 63.9%
－ The probability is below the warning level for a recession
- 2023/03/09
-
January: The Recession Indicator marks 94.0%
－ The Leading Index is at its lowest level in about two years
