The gauge for Japan's service sector sentiment increased 3.6 points from a month earlier to a five-month high of 54 in May 2022, amid lifting of COVID-19 restrictions, the Economy Watchers' Survey showed. That also marked the third straight month of improving sentiment with the index for household trends increasing boosted by a rise in food and beverages, while the gauge for corporate trends climbed driven by an increase in manufacturing; and employment-related trends also improved. The economic outlook index rose 2.2 points to 52.5, the highest in six months, amid gradually economic recovery. source: Cabinet Office, Japan

Economy Watchers Survey in Japan averaged 44.48 points from 2001 until 2022, reaching an all time high of 57.50 points in December of 2005 and a record low of 9.40 points in April of 2020. This page provides - Japan Economy Watchers Survey - actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Economy Watchers Survey - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Economy Watchers Survey in Japan is expected to be 48.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Economy Watchers Survey is projected to trend around 44.00 points in 2023 and 49.00 points in 2024, according to our econometric models.

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Japan Economy Watchers Survey



Calendar GMT Actual Previous Consensus TEForecast
2022-05-12 05:00 AM Eco Watchers Survey Current Apr 50.4 47.8 48
2022-06-08 05:00 AM Eco Watchers Survey Current May 54 50.4 50.8
2022-07-08 05:00 AM Eco Watchers Survey Current Jun 54 52


Related Last Previous Unit Reference
Services PMI 54.20 52.60 points Jun 2022
Coincident Index 96.80 96.80 Apr 2022
Economy Watchers Survey 54.00 50.40 points May 2022
Leading Economic Index 102.90 100.80 points Apr 2022
Economy Watchers Survey Outlook 52.50 50.30 points May 2022

Japan Economy Watchers Survey
The Economy Watchers Current Index measures the current mood of businesses that directly service consumers, such as barbers, taxi drivers, and waiters. The survey covers eleven regions across the country including Hokkaido, Tohoku, Northern Kanto, Southern Kanto, Tokai, Hokuriku, Kinki, Chugoku, Shikoku, Kyushu, and Okinawa. There were 2,050 people selected among those engaged in jobs in industries. This enabled them to observe any developments that accurately reflect economic activities such as household activity, corporate activity, and employment. A reading above 50.0 indicates optimism; below indicates pessimism.
Actual Previous Highest Lowest Dates Unit Frequency
54.00 50.40 57.50 9.40 2001 - 2022 points Monthly
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News Stream
Japan Services Morale Rises to 5-Month High
The gauge for Japan's service sector sentiment increased 3.6 points from a month earlier to a five-month high of 54 in May 2022, amid lifting of COVID-19 restrictions, the Economy Watchers' Survey showed. That also marked the third straight month of improving sentiment with the index for household trends increasing boosted by a rise in food and beverages, while the gauge for corporate trends climbed driven by an increase in manufacturing; and employment-related trends also improved. The economic outlook index rose 2.2 points to 52.5, the highest in six months, amid gradually economic recovery.
2022-06-08
Japan Services Sentiment Rises to 4-Month High
The gauge for Japan's service sector sentiment rose 2.6 points from a month earlier to a four month high of 47.8 in April 2022, amid lifting of COVID-19 restrictions, the Economy Watchers' Survey showed. That also marked the second straight month of improving sentiment, with the index for household trends up, reflecting the rise in service-related items; while the gauge for corporate trends rose lifted by an increase in manufacturing; and employment-related trends also strengthened. The economic outlook index added 0.2 points to 50.3, the highest in 4 months, due to easing COVID-19 cases.
2022-05-12
Japan Services Sentiment Falls to 5-month Low
The gauge for Japan's service sector sentiment plunged 19.6 points from a month earlier to 37.9 in January 2022, the lowest level since last August, the Economy Watchers' Survey showed. That also marked the first deteriorating morale in 5 months, due to the weak in economic recovery, amid a resurgence of COVID-19 infections. The index for household trends fell due to declines in retail-related items, mainly dragged down by decreases in food and beverages. Also, the gauge for corporate trends dropped due to non-manufacturing weakness. Employment-related trends have also weakened. Meanwhile, the economic outlook index declined 7.8 points to 42.5 in January due to worries over rising prices and trends in infectious diseases both inside and outside Japan.
2022-02-08