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typeContent_19130:::2024-11-25T06:40:00

Japan Leading Index Rises Less Than Estimated

According to recent data from the Cabinet Office, Japan's leading economic index saw a smaller improvement than initially estimated for September. The index, which serves as a predictor of future economic performance, increased to 109.1 compared to 106.9 in August. However, preliminary figures had suggested it would reach 109.4.

In contrast, the coincident index—a measure of the current economic climate—experienced a slight revision, rising to 115.3 in September from 114.0 in the preceding month, though earlier estimates had placed it at 115.7.

As for the lagging index, which reflects past economic activities, it declined to 106.7 from 107.9 in August.

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