Revision of the Consumption Activity Index

June 6, 2025
Bank of Japan
Research and Statistics Department

The Research and Statistics Department (RSD) of the Bank of Japan has revised the Consumption Activity Index (CAI) as follows. Due to the revision, figures for the CAI have been retroactively revised.

(1) Changes to incorporate the revisions of the Indices of Tertiary Industry Activity (ITA)

The CAI has been retroactively revised to incorporate the revisions of the ITA implemented in April 2025. As some source data series of the CAI were deleted or integrated with the April revision, the RSD replaced them by the alternative indicators similar to the original so as to link data in the CAI.

(2) Update of seasonal adjustment

The CAI released today reflects the regular update in seasonal adjustment, which takes place every year. For the latest specifications for seasonal adjustment, see "Specifications for Seasonal Adjustment." [PDF 188KB]

Inquiries

Economic Assessment and Projection Group, Economic Research Division, Research and Statistics Department

E-mail : post.rsd51@boj.or.jp