Japan - CLI Component Series & Turning Points

Component Series (Unit)

Source

Inventories to shipments ratio (mining and manufacturing) (2000=100), Inverted

Statistics Japan

Ratio imports to exports (2000=100),

Statistics Japan

Ratio loans to deposits (%), Inverted

Bank of Japan

Monthly overtime hours (manufacturing) (2000=100)

Statistics Japan

Construction: dwellings started (2000=100)

Ministry of Construction

Share price index (TOPIX) Tokyo (2000=100)

Bank of Japan

Spread of interest rates (% annual rate)

Bank of Japan

Small business survey: Sales tendency (% balance)

Japan Finance Corporation for SMSE

Reference chronology of turning points

Trough 1955M6, Peak 1957M5, Trough 1958M9, Peak 1961M11, Trough 1962M12, Peak 1964M5, Trough 1965M12, Peak 1970M4, Trough 1972M1, Peak 1973M11, Trough 1975M4, Peak 1976M12, Trough 1977M9, Peak 1980M2, Trough 1983M1, Peak 1984M11, Trough 1987M4, Peak 1991M2, Trough 1993M12, Peak 1997M6, Trough 1998M10, Peak 2000M10, Trough 2001M12,  Peak 2008M3