Japan Loan Growth

The Japanese Loan Growth index measures the monthly change of all bank loans and discounts versus the same month the previous year. All else equal an increase in lending coincides with an increase in business confidence and vice versa. The measure is published monthly by the central bank of Japan.

 Japan Loan Growth

In June 2017, loans in Japan increased by 3.3% versus the same month the previous year. Historically loan growth hit an all-time high of 3.6% in December 2008 and all-time low of -5% in October 2002.