---
source: Cabinet Office (ESRI)
url: https://www.esri.cao.go.jp/jp/stat/di/0309ci.xlsx
document_type: xlsx
date_retrieved: 2026-03-16
period: January 2026 (Preliminary)
parent_publication: Indexes of Business Conditions
indicators_covered: [Leading Economic Index, Coincident Index]
---

# Indexes of Business Conditions — January 2026 (Preliminary)

## Dataset summary
- Workbook: `0309ci.xlsx`
- Sheet used: `指数 Indexes` (bilingual Japanese/English headers)
- Frequency: Monthly
- Unit: Composite Index (2020=100)
- Row count (data rows with LI/CI values): 493
- Date range in sheet: 1985-01 to 2026-01

## Latest data point (matches event payload)
- **Leading Economic Index: 112.4** in 2026-01 (previous 2025-12: **110.3**)
- **Coincident Index: 116.8** in 2026-01 (previous 2025-12: **114.3**)

## Recent trend (last 6 observations)
| Month | Leading Index | Coincident Index |
|---|---:|---:|
| 2025-08 | 106.6 | 113.2 |
| 2025-09 | 107.9 | 114.7 |
| 2025-10 | 109.4 | 115.7 |
| 2025-11 | 109.6 | 114.8 |
| 2025-12 | 110.3 | 114.3 |
| 2026-01 | 112.4 | 116.8 |

## Methodology notes from source structure
- The sheet reports Composite Indexes for Leading, Coincident, and Lagging indexes.
- Parallel columns provide reference series without outlier replacement.
- Values are published as monthly index levels (base year 2020=100).