Economic Trends Research, April 2021
Improvement mainly in the manufacturing industry for the third straight month
— Worsening in services targeting individuals due to the declaration of a state of emergency etc., and increasing polarization in business confidence. —
Overview of April 2021: Upswing
The economic diffusion index (DI) in April 2021 was 38.3, up 0.3 points from the previous month, and improved for the third straight month. Amid suppressed economic activities, the domestic economy improved for the third straight month, mainly in the manufacturing industry.
Future outlook: Moderate upswing trend
Although a temporary depression is seen, the economy is expected to improve at a moderate pace.
Primary points of survey results(summary)
- 1 By industry : The economy in the manufacturing industry has been improving, but worsened in services targeting individuals.
- 2 By size : The economy improved for the third straight month in “large enterprises” and “SMEs”, but worsened in “small enterprises”.
- 3 By region : The economy improved in eight of the ten regions. “Semi-state of emergency coronavirus measures” affected business confidence in each region.
Economic and Industry Trends TOP