Information Releases

March 2025

Economic Trends Research, March 2025

Increased shopper turnout was a positive factor for the domestic economy,but high prices were a restraining factor
— Uncertainty over Trump's tariffs leaves the future unclear —

Trend in March 2025: Unchanged

The Economic Diffusion Index (DI) in March 2025 was 43.5, the same as the previous month. The domestic economy was underpinned by increased shopper turnout, but the high prices of food and raw materials were a restraining factor.

Future outlook: Remain unchanged

The economy is expected to remain flat due to increasing uncertainty in the global economy, although it will be supported by IT-related capital investment and other factors.

Primary points of survey results(summary)

1. 1 By industry: Improvement in 7 out of 10 industries, supported by increased inbound and opportunities to go out.
2. 2 By scale: "Large firms" worsened for the first time in two months, with cost increases being a downward pressure factor.
3. 3 By region: 6 out of 10 regions worsened, 4 regions improved.

Economic Trends Research, March 2025