Japan Supermarket Business Sentiment DI
Diffusion indices from supermarket store managers: current and outlook business conditions, consumers' willingness to buy, local competition and local economy (sentiment DIs, 50 = neutral), and sales, profit, purchase costs, selling prices, spending per customer and customer numbers versus a year earlier (management trend DIs, 0 = neutral), monthly from April 2011.
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business sentiment DI8 | ||||||||||||||||||||||||||||||||||||||
| Business conditions at core stores: current | 42.89 | 43.23 | 47.35 | 43.21 | 43.59 | 45.55 | 47.58 | 47.8 | 47.31 | 46.72 | 45.6 | 46.39 | 50.15 | 47.99 | 48.79 | 48.8 | 49.85 | 48.52 | 51.01 | 51.33 | 49.26 | 46.43 | 47.14 | 51.02 | 45.2 | 48.58 | 44.25 | 45.43 | 53.53 | 51.27 | 48.88 | 51.4 | 51.24 | 50.29 | 50.7 | 51.86 | 52.35 | |
| Business conditions at core stores: outlook | 42.07 | 41.77 | 42.55 | 39.57 | 38.65 | 42.24 | 45 | 43.99 | 43.67 | 44.97 | 43.79 | 42.62 | 45.81 | 43.98 | 44.85 | 45.18 | 44.24 | 44.01 | 46.1 | 46.15 | 45.59 | 43.22 | 42.86 | 46.76 | 42.66 | 45.17 | 41.52 | 43.45 | 49.01 | 48.31 | 47.18 | 47.46 | 47.79 | 47.08 | 45.9 | 45.45 | 47.79 | |
| Consumers' willingness to buy: current | 41.19 | 41.94 | 44.54 | 43.38 | 42.6 | 43.49 | 45 | 45.6 | 46.2 | 44.14 | 44.03 | 43.98 | 45.66 | 43.56 | 46.06 | 45.48 | 46.95 | 45.12 | 47.82 | 48.96 | 47.06 | 45.24 | 47.86 | 49.71 | 44.07 | 47.16 | 43.64 | 44.21 | 50.85 | 49.3 | 49.16 | 50.14 | 48.62 | 48.54 | 48.59 | 49.87 | 48.34 | |
| Consumers' willingness to buy: outlook | 40.78 | 41.72 | 42.55 | 41.23 | 38.32 | 42.64 | 44.52 | 43.4 | 43.99 | 44.1 | 43.99 | 42.92 | 43.83 | 42.94 | 43.79 | 42.92 | 42.88 | 43.6 | 44.48 | 45.51 | 44.53 | 43.37 | 45 | 46.93 | 42.66 | 45.6 | 43.21 | 44.05 | 47.6 | 47.88 | 46.75 | 46.49 | 45.72 | 47.08 | 46.29 | 46.12 | 46.81 | |
| Competition in the surrounding area: current | 43.5 | 42.26 | 42.22 | 41.39 | 42.11 | 44.18 | 44.84 | 43.87 | 45.57 | 44.14 | 45.28 | 44.43 | 45.51 | 44.72 | 44.85 | 43.94 | 45.09 | 45.09 | 45.66 | 44.82 | 44.41 | 44.31 | 46 | 46.37 | 44.57 | 45.45 | 44.68 | 44.6 | 45.9 | 45.93 | 45.37 | 46.91 | 45.58 | 47.06 | 47.6 | 46.14 | 46.41 | |
| Competition in the surrounding area: outlook | 41.67 | 41.4 | 41.06 | 40.73 | 39.64 | 42.64 | 43.06 | 43.04 | 43.47 | 43.06 | 43.67 | 42.02 | 43.26 | 42.55 | 43.33 | 42.07 | 42.79 | 41.96 | 43.79 | 43.75 | 43.68 | 42.12 | 42.86 | 43.27 | 42.9 | 43.18 | 42.63 | 43.45 | 45.34 | 44.18 | 43.79 | 44.66 | 43.78 | 45.47 | 44.74 | 44.79 | 43.78 | |
| Economic conditions in the surrounding area: current | 45.93 | 44.19 | 44.7 | 43.54 | 44.57 | 46.58 | 47.08 | 46.7 | 47.15 | 46.38 | 46.36 | 46.84 | 48.04 | 46.17 | 47.27 | 47.12 | 46.63 | 46.41 | 47.82 | 48.96 | 48.67 | 47.59 | 47.51 | 48.25 | 46.19 | 47.41 | 46.55 | 47.07 | 50.71 | 49.15 | 49.58 | 50 | 49.59 | 49.26 | 50 | 50.27 | 50.14 | |
| Economic conditions in the surrounding area: outlook | 45.12 | 43.87 | 42.38 | 42.38 | 42.27 | 44.86 | 45.78 | 44.97 | 46.2 | 45.66 | 45.89 | 45.48 | 46.21 | 44.63 | 45.15 | 44.7 | 44.51 | 45.24 | 45.93 | 46.6 | 46.75 | 46.41 | 45.59 | 46.47 | 44.77 | 46.41 | 46.1 | 47.24 | 49.01 | 47.88 | 48.72 | 48.59 | 48.34 | 47.63 | 48.15 | 48.38 | 49.17 | |
| Business trend DI (vs a year earlier)7 | ||||||||||||||||||||||||||||||||||||||
| Sales | -2.85 | -5.81 | 8.83 | -5.13 | -2.67 | -0.17 | 5.81 | 1.27 | 10.58 | 5.38 | 3.01 | 1.37 | 13.11 | 7.76 | 11.96 | 13.87 | 13.65 | 9.13 | 11.84 | 12.5 | 11.9 | -2.86 | 3.3 | 12.43 | -7.24 | 8.14 | -0.14 | 1.23 | 14.91 | 13.14 | 4.55 | 8.19 | 8.71 | 11.98 | 9.75 | 13.78 | 11.66 | |
| Profit | -7.23 | -9.44 | 2.03 | -6.21 | -7.55 | -3.85 | 2.33 | -1.92 | 5.96 | 1.41 | -2.72 | -4.91 | 4.6 | -0.31 | 6.76 | 7.3 | 3.48 | 0.31 | -0.9 | 1.38 | 0.91 | -9.41 | -0.44 | 6.29 | -8.24 | 5.44 | -1.61 | -1.88 | 14.24 | 13.36 | 6.61 | 9.45 | 9.94 | 10.06 | 7.61 | 10.03 | 7.67 | |
| Purchase cost of fresh food | 19.07 | 15.6 | 19.79 | 14.48 | 13.54 | 15.04 | 15.88 | 17.67 | 17.88 | 17.14 | 18.26 | 17.41 | 20.47 | 17.74 | 17.27 | 17.52 | 21.63 | 20.6 | 26.52 | 23.43 | 23.62 | 17.97 | 19.64 | 21.54 | 16.18 | 18.15 | 20.27 | 20.13 | 21.01 | 18.31 | 15.94 | 18.9 | 16.72 | 20.3 | 23.25 | 20.81 | 20.95 | |
| Purchase cost of food | 19.28 | 18.12 | 20.8 | 16.61 | 17.53 | 18.17 | 21.11 | 21.83 | 20.67 | 21.01 | 23.18 | 19.9 | 25.31 | 21.73 | 25 | 25.48 | 23.2 | 22.15 | 22.38 | 21.38 | 23.27 | 19.97 | 19.09 | 20.43 | 16.92 | 19.39 | 19.13 | 21.04 | 21.56 | 21.62 | 18.24 | 21.78 | 20.49 | 23.79 | 25.15 | 24.3 | 23.98 | |
| Selling prices | 17.28 | 16.56 | 17.83 | 17.45 | 16.72 | 19.41 | 20.94 | 20.83 | 21.43 | 22.2 | 22.29 | 20.65 | 24.39 | 22.97 | 24.37 | 23.92 | 24.07 | 23.94 | 23.67 | 22.42 | 21.52 | 16.31 | 18.53 | 20.03 | 17.14 | 18.82 | 19.8 | 21.3 | 21.84 | 20.26 | 19.97 | 23.88 | 23.88 | 25.74 | 26.57 | 25.96 | 25.56 | |
| Spending per customer | 8.94 | 9.03 | 13.08 | 7.28 | 1.83 | 6.47 | 13.8 | 10.58 | 17.26 | 15.21 | 12.58 | 10.12 | 15.55 | 13.29 | 18.56 | 17.64 | 17.59 | 15.24 | 13.47 | 14.01 | 11.68 | 6.02 | 8.58 | 13.6 | 4.4 | 11.11 | 5.92 | 8.49 | 18.71 | 12.22 | 10.94 | 12.93 | 15.34 | 15.42 | 14.69 | 20.11 | 17.66 | |
| Customer numbers | -15.04 | -13.23 | -4 | -11.26 | -6.33 | -7.57 | -10.39 | -9.46 | -7.84 | -7.87 | -9.62 | -8.44 | -0.76 | -5.06 | -4.17 | -2.74 | 0.31 | -6.93 | -2.79 | -1.06 | -0.6 | -8.79 | -2.87 | 2.49 | -9.71 | 0.58 | -3.82 | -5.4 | -3.14 | 3.41 | -3.13 | -2.54 | -6.25 | -3.72 | -3.41 | -3.78 | -4.69 |
Latest reading
Business conditions at core stores: current stood at 42.89 DI in Jul 2026. That is −0.8% from Jun 2026 and −14.5% from a year earlier. The series on this page is monthly and runs from Apr 2011 to Jul 2026.
- Latest
- 42.89 DI
- Jul 2026
- vs previous period
- −0.8%
- Jun 2026
- vs a year earlier
- −14.5%
About this data
Diffusion indices from supermarket store managers: current and outlook business conditions, consumers' willingness to buy, local competition and local economy (sentiment DIs, 50 = neutral), and sales, profit, purchase costs, selling prices, spending per customer and customer numbers versus a year earlier (management trend DIs, 0 = neutral), monthly from April 2011. Joint monthly survey of the three Japanese supermarket associations (Japan Supermarkets Association, All Japan Supermarket Association, National Supermarket Association of Japan), covering about 270 member food supermarket companies.