FX.co ★ Japan Leading Economic Index Revised Downward

Japan's leading economic index, which provides insight into the country's economic outlook by assessing indicators such as job offers and consumer sentiment, was adjusted down to 107.0 for August 2025, from an initial estimate of 107.4. Despite this revision, the index remains at its highest level since March and surpasses July’s figure of 106.1. This growth is largely attributed to an upswing in household spending, which increased by 1.4% in July, up from 1.3% in June, marking a third consecutive month of rising personal expenditures. Additionally, consumer confidence reached its peak for the past nine months in September. Conversely, the unemployment rate rose slightly to 2.6% in August, the highest since July 2024, while overall employment figures hit a four-month low.