Information Releases

October. 2021

Economic Trends Research, October 2021

Economic DI was 41.5, with a significant improvement in businesses related to consumer spending
— Economic activities for both production and consumption are expected to gradually normalize —

Overview of October 2021: Improved

The economic diffusion index (DI) in October 2021 was 41.5, up 1.6 points from the previous month, and improved for the second straight month. With a significant improvement in businesses related to consumer spending, etc., the domestic economy picked up for the second straight month.

Future outlook: Recovery trend

While a move to normalize economic activities is expected, the economy is believed to be on a recovery trend.

Primary points of survey results(summary)

1. 1 By industry: Improved in all ten industries. While those related to consumer spending got a boost, the impact of supply restrictions continues.
2. 2 By size: Improved in all sizes for the second straight month. The DI for SMEs has returned to the 40s for the first time in three months.
3. 3 By region: Improved in all ten regions, with a favorable factor being an increase in the number of people turning out after cancellation of the state of emergency, etc.

Economic Trends Research, October 2021