追踪工厂产出、就业和零售额的日本同步经济指标指数在2025年1月为116.1,略低于最初估计的116.2,但高于上个月小幅修订的106.0。这标志着自2019年9月以来的最高水平,得益于就业和收入状况改善以及私人消费更广泛回升的温和经济复苏。企业利润也有所改善,破产情况保持稳定。然而,面对全球经济放缓、美国和欧洲持续的高利率以及中国房地产行业的持续停滞,成本压力依然存在。在货币方面,日本央行1月份将关键短期利率上调25个基点至0.5%,为17年来的最高水平,这是自2024年3月结束负利率以来的第三次加息。
Japan's index of coincident economic indicators, which tracks factory output, employment, and retail sales, stood at 116.1 in January 2025, slightly below the initial estimate of 116.2 but up from a marginally revised 106.0 in the prior month. This marked the highest level since September 2019, supported by a moderate economic recovery amid better employment and income conditions alongside a broader pickup in private consumption. Corporate profits also improved, while bankruptcies remained stable. However, cost pressures lingered in the face of slowing global economies, persistent high interest rates in the US and Europe, and continued stagnation in China’s real estate sector. On the monetary front, the Bank of Japan raised its key short-term interest rate by 25bps to 0.5% in January, the highest in 17 years, marking its third hike since ending negative interest rates in March 2024.