Japan Coincident Index Components
The component series of Japan's coincident index of business conditions in their own units: industrial production, producers' shipments of producer, durable consumer and investment goods, labour input, retail and wholesale sales growth, operating profits, the effective job offer rate and the export volume index.
| Indicator | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | 09-2025 | 08-2025 | 07-2025 | 06-2025 | 05-2025 | 04-2025 | 03-2025 | 02-2025 | 01-2025 | 12-2024 | 11-2024 | 10-2024 | 09-2024 | 08-2024 | 07-2024 | 06-2024 | 05-2024 | 04-2024 | 03-2024 | 02-2024 | 01-2024 | 12-2023 | 11-2023 | 10-2023 | 09-2023 | 08-2023 | 07-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Index of industrial production, mining and manufacturing | 104.7 | 104.6 | 102.6 | 102.5 | 102 | 102.4 | 104.5 | 100.2 | 99.6 | 101.6 | 101 | 99.2 | 100.5 | 101.5 | 101.8 | 100.5 | 101.4 | 102 | 101.9 | 101 | 101.3 | 103 | 101.2 | 100.5 | 102.5 | 100.7 | 101.9 | 100.8 | 101.4 | 98 | 97.7 | 105 | 103.8 | 104.4 | 103.2 | 103.1 | 103.5 | |
| Producers' shipments index, producer goods | 102.1 | 100.7 | 100.7 | 99.7 | 100.2 | 98.8 | 102.5 | 97.9 | 98.4 | 99.7 | 98.7 | 97.2 | 98.3 | 98 | 99.3 | 99 | 98.1 | 99.5 | 98.9 | 97.6 | 97 | 98.2 | 99.1 | 96.8 | 100 | 98.4 | 100.8 | 98.2 | 98.6 | 97.1 | 98.9 | 103.3 | 103.2 | 102.7 | 103.3 | 103.2 | 101.9 | |
| Producers' shipments index, durable consumer goods | 107.5 | 108.2 | 111.4 | 106.3 | 104.5 | 109.3 | 105.9 | 100.2 | 103.1 | 104.8 | 101.9 | 102.4 | 101.2 | 104.7 | 106.5 | 104.7 | 102.8 | 107.3 | 105.5 | 105.7 | 105.2 | 107.8 | 104.5 | 101.3 | 102.3 | 102.9 | 103.4 | 100.2 | 98.4 | 95.4 | 97.7 | 110.8 | 108.9 | 108.2 | 109.1 | 108.3 | 107.7 | |
| Index of labour input, industries covered | 103.5 | 103 | 104.6 | 102.9 | 103.3 | 104.5 | 102.1 | 103.4 | 104.4 | 103.5 | 103.3 | 105.1 | 103.4 | 103.4 | 102.9 | 101.8 | 103.4 | 103.2 | 103.8 | 103.5 | 103.6 | 102.9 | 103.7 | 103.1 | 103.5 | 103.9 | 103.1 | 103.3 | 103.3 | 102.3 | 104.1 | 103.3 | 103.7 | 103.5 | 103.6 | 103.1 | ||
| Producers' shipments index, investment goods excluding transport equipment | 109 | 103.4 | 100.4 | 105 | 100.4 | 101.1 | 106.2 | 101.4 | 102.3 | 101.1 | 101.1 | 99.7 | 100.7 | 102.3 | 103.2 | 100.5 | 102.2 | 102 | 100.7 | 103.3 | 102.4 | 103.3 | 99.4 | 100.5 | 101.9 | 100.8 | 103.9 | 104.5 | 104.9 | 101.7 | 103.6 | 108.7 | 103.9 | 105.2 | 104.2 | 105 | 105.1 | |
| Retail sales value, change from previous year | 4 | 0.6 | 5 | 2.8 | 1.4 | -0.1 | 1.8 | -0.9 | 1.1 | 1.7 | 0.2 | -0.9 | 0.4 | 1.9 | 1.9 | 3.5 | 3.1 | 1.3 | 4.4 | 3.5 | 2.8 | 1.3 | 0.7 | 3.1 | 2.7 | 3.8 | 2.8 | 2 | 1.1 | 4.7 | 2.1 | 2.4 | 5.4 | 4.1 | 6.2 | 7 | 7 | |
| Wholesale sales value, change from previous year | 9 | 9.5 | 4.5 | 6.5 | 3.3 | 1.6 | 1.5 | 1 | -1.9 | 2.8 | 2.2 | -1.6 | -0.9 | 1.6 | -0.9 | 1.6 | 3.4 | 2 | 6.9 | 3.9 | 4 | 5.4 | 1 | 2.1 | 9.5 | 1.7 | 7.1 | 5.4 | -1.7 | 3 | 0.7 | 0.1 | -0.7 | 0.6 | -0.6 | 0 | -0.7 | |
| Operating profits, all industries | 273,465 | 267,640 | 261,815 | 255,990 | 249,045 | 242,101 | 235,156 | 234,609 | 234,062 | 233,515 | 228,544 | 223,573 | 218,602 | 222,465 | 226,327 | 230,190 | 228,112 | 226,035 | 223,957 | 217,772 | 211,586 | 205,401 | 210,062 | 214,724 | 219,385 | 214,445 | 209,506 | 204,566 | 202,929 | 201,292 | 199,655 | 199,771 | 199,888 | 200,004 | 194,897 | 189,791 | ||
| Exports volume index | 106.4 | 104.6 | 106 | 105.5 | 108 | 104.9 | 107.6 | 103.5 | 103.5 | 101.5 | 101.8 | 100.4 | 101.7 | 106 | 102.2 | 101.7 | 103.7 | 106 | 100.3 | 106.3 | 100.1 | 103.6 | 104.6 | 102.7 | 102.3 | 101.9 | 101 | 103.8 | 102.9 | 99.8 | 104.4 | 106.5 | 101.4 | 107 | 107.8 | 105.3 | 109.6 |
Latest reading
The latest reading is 109, for Jul 2026. That is +5.4% from Jun 2026 and +8.2% from a year earlier. The series on this page is monthly and runs from Jan 1975 to Jul 2026. Source: Economic and Social Research Institute, Cabinet Office – Indexes of Business Conditions.
- Latest
- 109
- Jul 2026
- vs previous period
- +5.4%
- Jun 2026
- vs a year earlier
- +8.2%
About this data
The component series of Japan's coincident index of business conditions in their own units: industrial production, producers' shipments of producer, durable consumer and investment goods, labour input, retail and wholesale sales growth, operating profits, the effective job offer rate and the export volume index. Source: Indexes of Business Conditions, Economic and Social Research Institute, Cabinet Office.
