The Coincident Indicator MoM is a composite index released by the Cabinet Office of Japan that tracks the current state of the economy. It combines several data points, including industrial production, retail sales, and employment figures, to provide a real-time snapshot of economic health. This indicator is crucial for identifying the current phase of the business cycle and confirming whether the economy is in an expansionary or recessionary phase.
The index is calculated as a weighted average of several component indicators that move in conjunction with the general business cycle, such as industrial production and wholesale sales. It uses a symmetric percent change formula to ensure balanced weighting of components.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 25, 2026 | 0.60 | 0.30 | +0.30 |
| Aug 7, 2026 | 0.30 | 0.40 | -0.10 |
| Jul 7, 2026 | 0.40 | — | — |
| Jun 25, 2026 | 1.30 | 1.10 | +0.20 |
| Jun 5, 2026 | 1.10 | -1.70 | +2.80 |
| May 26, 2026 | 0.20 | 0.30 | -0.10 |
| May 12, 2026 | 0.30 | — | — |
| Apr 27, 2026 | -1.70 | -1.60 | -0.10 |
| Apr 7, 2026 | -1.60 | — | — |
| Mar 25, 2026 | 3.40 | 2.50 | +0.90 |
| Mar 9, 2026 | 2.50 | — | — |
| Mar 8, 2026 | 2.50 | — | — |
| Feb 26, 2026 | -0.60 | -0.40 | -0.20 |
| Feb 6, 2026 | -0.40 | — | — |
| Jan 26, 2026 | -1.00 | -0.70 | -0.30 |
| Jan 9, 2026 | -0.70 | 0.50 | -1.20 |
| Dec 5, 2025 | 0.50 | 1.80 | -1.30 |
| Nov 10, 2025 | 1.80 | — | — |
| Oct 24, 2025 | -1.30 | -0.70 | -0.60 |
| Oct 7, 2025 | -0.70 | — | — |
| Sep 29, 2025 | -1.80 | -2.60 | +0.80 |
| Sep 5, 2025 | -2.60 | — | — |
| Aug 25, 2025 | 0.70 | 0.80 | -0.10 |
| Aug 7, 2025 | 0.80 | — | — |
| Jul 25, 2025 | 0.00 | -0.10 | +0.10 |
| Jul 7, 2025 | -0.10 | — | — |
| Jun 25, 2025 | 0.20 | -0.30 | +0.50 |
| Jun 6, 2025 | -0.30 | — | — |
| May 26, 2025 | -1.40 | -1.30 | -0.10 |
| May 9, 2025 | -1.30 | — | — |
| Apr 30, 2025 | 0.90 | 0.80 | +0.10 |
| Apr 7, 2025 | 0.80 | — | — |
| Mar 26, 2025 | 0.10 | 0.10 | 0.00 |
| Mar 10, 2025 | 0.10 | — | — |
| Feb 26, 2025 | 1.00 | 1.40 | -0.40 |
| Feb 7, 2025 | 1.40 | — | — |
| Jan 27, 2025 | -1.40 | -1.50 | +0.10 |
| Jan 10, 2025 | -1.50 | — | — |
| Dec 25, 2024 | 2.80 | 2.50 | +0.30 |
| Dec 6, 2024 | 2.50 | — | — |
| Nov 25, 2024 | 1.30 | — | — |
| Oct 25, 2024 | -3.20 | -3.70 | +0.50 |
| Oct 7, 2024 | -3.70 | — | — |
| Jun 7, 2024 | 1.00 | — | — |
| Apr 5, 2024 | -1.20 | — | — |
| Mar 8, 2024 | -5.80 | — | — |
| Feb 7, 2024 | 1.60 | — | — |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jul 7, 2026 | 0.40 | 0.40 | 0 ↓ |
| May 26, 2026 | 0.20 | 0.20 | 0 ↓ |
| Apr 27, 2026 | -1.80 | -1.70 | +0.10 ↑ |
