Coincident Index reflects current economic conditions in the given month compared to the previous month. It is a composite index, which includes several components that characterize all stages of production, consumption, wholesale and retail sales, operating income and labor market indicators.
The chart of the entire available history of the "Japan Coincident Index" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.