FX.co ★ Japan Leading Index Slightly Falls

Japan’s index of leading economic indicators, which assesses the economic prospects over the upcoming months using various data points such as job availability and consumer confidence, fell to 107.9 in February 2025. This is a decrease from a downwardly revised 108.2 in January and slightly above the market forecast of 107.8, based on preliminary estimates. This most recent figure coincided with a dip in annual household spending, marking the first reduction since last November. Concurrently, consumer confidence reached its lowest point since March 2023. In contrast, the unemployment rate slightly decreased to 2.4% in February from 2.5% in the previous month, although overall employment experienced a minor decline.