In February, the index showing the current state of the economy fell 1.3 points from the previous month, falling for the first time in two months.
However, the mechanically guided economic judgment has been left unchanged from the previous expression of "upward phase change."
The February Economic Trend Index announced by the Cabinet Office was 89.0, with the "match index" showing the current state of the economy set at 100 in 2015, down 1.3 points from the previous month and falling for the first time in two months. ..
This is mainly due to the decline in automobile production and shipments due to the global shortage of semiconductors.
However, the economic judgment mechanically derived from the movement of the index has been left unchanged as the conventional expression of "upward phase change".
On the other hand, the “leading index”, which shows the future of the economy several months later, increased by 1.2 points from the previous month, rising for the second consecutive month due to factors such as consumer sentiment tending to improve.
Regarding the future, the Cabinet Office said, "It is necessary to pay close attention to whether the factory fire of major semiconductor manufacturer Renesas Electronics will further affect automobile production and the impact of the new coronavirus infection on the economy." ..