Economic diffusion index (DI) in August 2017 was 47.7, up 0.1 from the previous month. This was the third consecutive month of recorded improvement. Some industries and areas in Japan were adversely impacted by a long span of wet weather. However, Japan’s economy as a whole, exhibited a steady recovery mostly thanks to strong sales of consumer durable goods. The economic DI was the highest since the increase in the consumption tax
<Future Outlook: Gradual upward trend>
This rebounding economy will continue due to strong demand from abroad and the expansion of domestic demand (such as capital investment and consumer spending).