Information Releases

Nov. 2020

Economic Trends Research, November 2020

Domestic economy has picked up moderately, albeit at a low level
— Downside risks remain large due to the future status of infections —

Overview of November 2020: Picking up

The economic diffusion index (DI) in November 2020 was 35.4, up (1.6 points) from the previous month for the sixth consecutive month. The domestic economy continued to pick up moderately, although it slowed slightly towards the end of the month.

Future outlook: Moderately upward, albeit temporarily stagnant

The economy is expected to improve gradually, albeit with downward risks associated with the response to the ongoing resurgence of infection.

Primary points of survey results(summary)

1. 1 By industry : Business confidence was positive in nine industries, with a pickup centered on the sightseeing-related sectors.
2. 2 By size : Business confidence was positive in all sizes for the sixth consecutive month. The capacity utilization rate is also gradually improving.
3. 3 By region : Of the ten regions, business confidence was positive in nine, but the resurgence of infection became a negative factor.

Economic Trends Research, November 2020