Economic Trends Research, April 2022
Increased turnout of people boosted the economy, while yen depreciation risk suddenly emerged.
— Record-high unit purchase price in all sizes, all ten regions and twenty-eight business sectors, concerns about decline in profitability —
Overview of April 2022: Recovery for two months in a row
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: Upward, but large downward risk
It is believed that the economy will continue a mild upswing, although there is a concern about increased cost burden due to the weakened yen.
Primary points of survey results(summary)
- 1 By industry: Improved in seven industries, albeit continuing increase in unit purchase price due to the rising cost of raw materials and rapid depreciation of the yen.
- 2 By size: Improved in SMEs for the second straight month, while the depreciation of the yen is a downward factor..
- 3 By region: Improved in seven of the ten regions, but the overseas situation affected reginal economies.
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