Economic trend index in June declined for the first time in 3 months Decreased for the first time in 5 years and 2 months Aug 6 16:23
As announced by the Cabinet Office, the economic trend index in June fell for the first time in three months due to a decline in automobile production.
The range was 3 points, the biggest drop in 5 years and 2 months.
According to the economic trend index in June announced by the Cabinet Office, the “match index”, which indicates the current state of the economy, was 100.4, with 2015 as 100, 3 points below the previous month.
The index has declined for the first time in 3 months, and the rate of decline has fallen for the first time in 5 years and 2 months since April 2014 when the consumption tax rate was raised to 8%.
This is mainly due to the decline in production of automobiles and factory machinery and equipment, as well as a decrease in the effective job offer ratio from the previous month.
The keynote for the economy was revised upward from “Deterioration” in May to “Decrease Stop”, which indicates that there is a high probability that the recession has stopped falling, but this judgment was maintained in June. .
The Cabinet Office says, “This keynote judgment is a mechanically applied standard, and we want to show the official economic judgment as a government in a monthly economic report.”