Japan JPY

Japan Coincident Index Final

Impact:
Low

Latest Release:

Date:
Surprise:
-0.1
Actual:
115.9
Forecast: 116
Previous/Revision:
117.3
Period: Mar

Next Release:

Date:
Forecast: 115.5
Period: Apr
What Does It Measure?
The Japan Coincident Index Final measures the current state of economic activity in Japan, specifically assessing the overall economic performance by analyzing various indicators such as industrial production, employment, retail sales, and corporate profits. It focuses on capturing real-time economic conditions, with a value above 100 indicating expansion and below 100 indicating contraction, serving as a national indicator.
Frequency
The Japan Coincident Index Final is released monthly, typically published a few weeks after the end of each month, and it represents final data, providing a more accurate capture of economic conditions than preliminary estimates.
Why Do Traders Care?
Traders pay attention to the Japan Coincident Index Final because it provides insights into Japan's economic health, which directly impacts the performance of the Japanese Yen (JPY), equities, and other financial assets. Stronger-than-expected values may lead to bullish sentiments in Japanese financial markets, while weaker data can generate bearish movements, influencing both currency and stock prices.
What Is It Derived From?
The Japan Coincident Index Final is derived from a range of key economic indicators, collected through established methodologies involving statistical analyses and data inputs from various sectors. This includes data from surveys of businesses and government reports that assess current economic conditions in real-time.
Description
The Japan Coincident Index Final reflects the economic situation by compiling and analyzing data from multiple economic indicators, providing a comprehensive overview of the current economic landscape in Japan. It serves as a coincident indicator, correlating closely with the business cycle and giving traders a timely picture of economic activity.
Additional Notes
The Japan Coincident Index Final can be compared with the Leading Index, which predicts future economic performance, while the Coincident Index indicates the present state of the economy. Understanding this relationship helps economists and traders gauge the overall health of the Japanese economy relative to global trends and other regions.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
115.9
116
117.3
-0.1
117.3
116.9
116.4
0.4
116.1
116.2
116
-0.1
116.4
116.8
115.4
-0.4
115.4
115.3
116.8
0.1
116.8
116.5
114
0.3
115.3
115.7
114
-0.4
114
113.5
117.2
0.5
117.2
117.1
114.1
0.1
113.2
113.7
117.1
-0.5
117.1
116.5
115.2
0.6
115.2
115.2
114.2
113.6
113.9
111.5
-0.3
111.6
110.9
112.3
0.7
112.1
110.2
115.9
1.9
115.9
116.2
114.6
-0.3
114.6
114.5
115.9
0.1
115.9
115.9
115.7
114.7
114.7
114.6
114.6
114.3
114.2
0.3
114.2
114.5
115.6
-0.3
115.1
115.2
114.3
-0.1
114.3
113.8
114.2
0.5
97.3
99.4
97.2
-2.1
98.8
98.7
98.7
0.1
98.6
99.2
96.1
-0.6
96.4
96.1
99.4
0.3
99.1
98.9
99.3
0.2
99.3
99.1
99.6
0.2
99.6
99.9
100.8
-0.3
101.4
101.1
101.8
0.3
101.8
101.7
100.1
0.1
100.1
100.6
100.6
-0.5
98.6
99
99
-0.4
94.9
95.5
95.5
-0.6
96.8
96.8
96.8
97.5
97
96.8
0.5
96.8
95.5
96.3
1.3
95.6
94.3
95.7
1.3
92.7
92.6
92.8
0.1
92.8
93.6
89.8
-0.8
89.8
89.9
88.7
-0.1
88.7
87.5
91.3
1.2
91.3
91.5
94.4
-0.2
94.4
94.5
94.6
-0.1
94.5
94
92.1
0.5
92.1
92.7
95.3
-0.6
95.3
95.5
92.9
-0.2
93
93.1
89.9
-0.1
89.9
89
91.7
0.9
90.3
91.7
87.4
-1.4
88.3
87.8
89
0.5
89
89.1
89.4
-0.1
89.4
89.7
84.8
-0.3
81.1
80.8
79.4
0.3
79.2
79.4
78.3
-0.2
78.3
74.4
76.6
76.4
72.9
0.2
74.4
76.2
74.4
-1.8
73.4
74.6
80.1
-1.2
80.1
81.5
88.8
-1.4
90.2
90.5
95.4
-0.3
95.5
95.8
95.7
-0.3
95.2
94.7
94.4
0.5
94.1
94.7
94.7
-0.6
94.7
95.1
95.3
-0.4
95.3
94.8
100.4
0.5
101.1
101
99
0.1
99
99.3
99.7
-0.3
99.7
99.8
99.5
-0.1
100.4
100.4
103.4
103.4
103.2
102.1
0.2
102.1
101.9
101.1
0.2
99.4
99.6
100.5
-0.2
100.4
98.8
99.6
1.6
97.9
97.9
100.6
101.8
102.3
102.9
-0.5
102.9
103
104.6
-0.1
104.9
104.5
101.6
0.4
114.4
114.6
115.6
-0.2
116.7
117.5
116.1
-0.8
116.1
116.3
116.9
-0.2
116.4
116.7
116.8
-0.3
116.8
116.2
117.5
0.6
117.5
115.7
116
1.8
116.3
116.3
116
116.1
117.5
114.8
-1.4
114.9
114
119.7
0.9
120.2
120.7
117.9
-0.5
117.9
118.1
116.4
-0.2
116.4
116.2
116.2
115.8
117.7
0.4
117.7
117.6
115.7
0.1
115.7
115.6
116.8
0.1
117.1
117.2
115.8
-0.1
115.8
115.5
117.1
0.3
117.1
117.7
114.4
-0.6
114.4
114.6
115.2
-0.2
115.3
115.5
113.3
-0.2
115.1
114.9
115.5
0.2
114.8
115.2
115.1
-0.4
115
113.69
113.5
1.31
113.5
113.9
112.5
-0.4
112.7
112.1
111.9
0.6
112
112
112.1
112.1
112.8
112
-0.7
109.2
110.5
109.2
-1.3
109.9
110.5
112
-0.6
112
112.2
110.2
-0.2
111.1
111.2
110.7
-0.1
110.7
110.3
112.3
0.4
113.5
113.8
111
-0.3
110.9
111.2
111.9
-0.3
111.9
116.6
113.3
-4.7
113.3
114.3
111.8
-1
112.3
111.9
112.2
0.4
112.2
112.5
113.1
-0.3
113.1
112.2
113.3
0.9
112.3
109
111.3
3.3
109
109.2
111
-0.2
111
111.1
108.9
-0.1
109.2
109.5
110.7
-0.3