Economic Trends Research, August 2022
While the number of infections increased,seasonal demand was a positive factor
— Digital demand such as DX, and expansion of rebound consumption,will contribute to pushing up the economy hereafter. —
Overview of August 2022: Slightly improved
The economic diffusion index (DI) in August 2022 was 41.4, up 0.1 from the previous month, and improving for the first time in two months. The domestic economy turned upward, albeit slightly, for the first time in two months, through steady seasonal demand and increased digital-related demand.
Future outlook: Remained generally flat
It is believed that the economy will gradually level off, albeit with some inherent downward pressure, as the economy tries to return to normal.
Primary points of survey results(summary)
- 1 By industry: Although the digital-related industry shows strong performance, an increase in the number of infections was a negative factor.
- 2 By size: Improved for the first time in three months in all sizes, with brisk DX-related demand.
- 3 By region: Improved in 24 prefectures, but on the other hand, worsened in 22 prefectures. Regional polarization of business confidence..
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