Japan Economy Watchers Survey

Last Release

Oct 31, 2025

Actual

49.1

Units In

Points

47.1

Frequency

Monthly

Next Release

Dec 08, 2025

Time to Release

25 Days 7 Hours

Highest	Lowest	Average	Date Range	Source
57.5 Dec 2005	9.4 Apr 2020	45.1 Points	2001-2025	N/A

The Economy Watchers Current Index measures the current mood of businesses that directly service consumers, such as barbers, taxi drivers, and waiters. The data is compiled from a survey of about 2,050 workers. A reading above 50.0 indicates optimism; below indicates pessimism.

Latest Updates

Japan’s service sector index rose to 49.1 in October 2025 from 47.1 in September, marking the highest level since March 2024 and the sixth consecutive monthly increase, exceeding market expectations of 47.6. The household budget trend index also improved, supported by gains in retail and other sectors, despite declines in housing-related industries. Meanwhile, the corporate trend index accelerated, driven by stronger activity in manufacturing and other sectors, while employment conditions also strengthened. At the same time, the economic outlook index climbed to 53.1 in October, up from 48.5 in September, marking the highest reading since July 2023 and signaling a continued recovery in the Japanese economy.