Economic Trends Research, November 2021
24 of the 51 business sectors have surpassed pre-Covid level
— Recovery is expected to continue although the variant trend is a cause for concern. —
Overview of November 2021: Recovery trend
The economic diffusion index (DI) in October 2021 was 41.5, up 1.6 points from the previous month, and improved for the second straight month. With a significant improvement in businesses related to consumer spending, etc., the domestic economy picked up for the second straight month.
Future outlook: Recovery trend
While revenge consumption and recovery production are expected, the economy is believed to be on a recovery trend.
Primary points of survey results(summary)
- 1 By industry: Economy has recovered to pre-Covid level in many business sectors, but unit purchase and selling prices continue to increase.
- 2 By size: Business confidence of large enterprises and SMEs surpasses pre-Covid level.
- 3 By region: Improved in nine of the ten regions. Boosted mainly in the manufacturing industry.
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