Information Releases

Jan. 2021

Economic Trends Research, January 2021

Domestic economy worsens for the second month in a row
— Downward pressure increased as a state of emergency was declared in 11 prefectures —

Overview of January 2021: Worsening continues

The economic diffusion index (DI) in January 2021 was 33.9, down 1.1 points from the previous month, and worsening for the second month in a row. The domestic economy worsened for the second consecutive month, mainly in consumer spending, due to re-declaration of a state of emergency, etc.

Future outlook: Temporary setback

The economy shows a temporary setback, but it is believed it will gradually improve after bottoming out around spring.

Primary points of survey results(summary)

1. 1 By industry : The economy deteriorated in nine industries, and was pushed further downward by consumer spending-related aspects under the declaration of a state of emergency.
2. 2 By size : The economy deteriorated in all sizes for the second month in a row, and was affected by decreased movement of people and low seasonal demand.
3. 3 By region : The economy deteriorated in all ten regions, and was pushed downward by re-declaration of a state of emergency and heavy snow, etc.

Economic Trends Research, November 2020