Japan Coincident Index
Category:
Coincident Index
Units:
Points
Coincident Index correlates with the business cycle, and is used to identify the current state of the economy. In general, increasing coincident index shows that the economy is in an expansion phase, and decreasing coincident index reflects that the economy is in a contraction phase. The index is calculated using month-over-month percentage changes in 11 leading indicators, 11 coincident indicators, and 6 lagging indicators.
A higher than expected figure should be seen as positive (bullish) for the JPY while a lower than expected figure should be seen as negative (bearish) for the JPY.
Source:
Cabinet Office, Japan
Event Details
Impact:
Low
Country:
Symbol:
JPY
Latest Release
Previous:
115.2
Consensus:
116.5
Actual:
117.1
Next Release
Date:
05:00 AM, 7 Aug 2024 (in 10 days)
Time left:
in 10 days