Information Releases

March. 2022

Economic Trends Research, March 2022

Highest increase in purchase prices in the last 20 years, price pass-through cannot keep up with the increase.
— While lifting the “semi-emergency coronavirus measures”, the economy improved only slightly due to the situation in Ukraine and earthquake. —

Overview of March 2022: Halted downward trend

The economic diffusion index (DI) in March 2022 was 40.4, up. 0.5 points from the previous month, and improved for the first time in three months. The unit purchase price DI hit a record high due to skyrocketing raw materials prices, etc. The domestic economy halted its downward trend, and improved slightly, while both positive and negative factors emerged.

Future outlook: Gentle upward

It is believed that the economy will gradually improve, with more people turning out, with downside risks.

Primary points of survey results(summary)

1. 1 By industry: Improved in seven industries with increased flow of people, but the unit purchase price DI hit a record high in eight industries.
2. 2 By size: Although improved in all sizes for the first time in three months, the high cost of raw materials was a downward factor.
3. 3 By region: Improved in six of the ten regions, but with some impact of the Fukushima offshore earthquake.

Economic Trends Research, March 2022