January 2026
TDB Trends Research, January 2026
The domestic economy worsened for the first time in eight months
— A pullback after year-end special demand and weaker tourism exerted downward pressure on the economy —
Trend in January 2026: Standstill
The Economic Diffusion Index (DI) in January 2026 declined by 0.6 points from the previous month to 43.8, deteriorating for the first time in eight months.
The domestic economy showed a temporary pause in its improvement trend, reflecting a pullback from year-end shopping and travel demand.
Future outlook: Remain unchanged
Looking ahead, amid concerns over rising costs and higher interest rates, the domestic economy is expected to remain flat with heightened uncertainty.
Primary points of survey results(summary)
- 1 By industry: 7 out of 10 industries worsened, with notable declines in consumer spending–related sectors.
- 2 By scale: While "large firms" remained flat, "small to medium-sized firms" and "micro firms" worsened.
- 3 By region: 9 regions worsened, pressured by cold waves, heavy snowfall, and a post–year-end and New Year demand slowdown.
Economic Trends Research, January 2026Economic and Industry Trends TOP