The May Economic Trend Index, announced by the Cabinet Office, fell 1.3 points from the previous month to 95.5 for the first time in four months, with the "match index" showing the current state of the economy set at 100 in 2015.
The spread of the new corona infection in Shanghai, China, and strict restrictions on going out made it difficult for automakers to procure parts from their business partners, resulting in a decrease in production and shipments.
The economic judgment mechanically derived from the movement of the index has been deferred by the expression "improvement".
In addition, the “leading index”, which indicates the future of the economy, fell 1.5 points from the previous month, the first decline in three months.