HOME > NATION > Article

Text Size

small

medium

large


Japan's Coincident Economy Index Logs 1st Fall in 6 Months

Japan's Coincident Economy Index Logs 1st Fall in 6 Months

   Tokyo, Sept. 7 (Jiji Press)--Japan's composite index of coincident economic indicators fell 1.1 points in July from the previous month, marking the first decline in six months, partly due to a decrease in auto shipments, the Cabinet Office said Thursday.
   The coincident index, which reflects current economic conditions, stood at 114.5 against the 2020 base of 100, the government agency said in a preliminary report.
   The Cabinet Office kept its basic assessment of the index unchanged at "improving."
   The July decline also reflected falls in both shipments and production of semiconductor manufacturing equipment, as well as shipments of excavators and other equipment.
   On the other hand, exports to the United States, the European Union and Asia, including China, all improved.

To read a full story, please click here to find out how to subscribe.

NATION

HEADLINES

POLITICS
China's New Consul-General in Niigata Praises Local Fish at News Conference
ECONOMY
NY Crude Oil Futures Hit $94 per Barrel for 1st Time since Aug. 2022
SPORTS
Soccer: Ex-Japan National Team Member Shinji Ono, 44, to Retire at End of Season
OTHER
Japanese, Other Scientists Obtain Clear Evidence of Spinning Black Hole

AFP-JIJI PRESS NEWS JOURNAL


Photos