In October, the index showing the current state of the economy rose 1.2 points from the previous month for the first time in four months.

The main factors were that the shortage of parts supply due to the spread of the new corona infection was alleviated and the production and shipment of automobiles increased.

As announced by the Cabinet Office, the business conditions index for October was 89.9, with the "match index" showing the current state of the economy set at 100 in 2015, up 1.2 points from the previous month for the first time in four months. ..



The main factors were the alleviation of the supply shortage of parts from Southeast Asia due to the spread of the new corona infection, and the increase in automobile production and shipments.



For this reason, the Cabinet Office has left the previous expression of "indicating a stepping stone" regarding the keynote judgment that is mechanically derived from the movement of the index.



In addition, the “leading index”, which shows the future of the economy several months later, also increased by 1.9 points from the previous month, rising for the first time in four months.



The Cabinet Office says, "We need to continue to pay close attention to how rising raw material prices and the new mutant virus Omicron strain will affect the economy."

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