FX.co ★ Japan Leading Index Revised Upward

Japan's leading economic index, which provides insight into the nation's economic outlook through indicators such as job offers and consumer sentiment, saw a revision upward to 104.2 for April 2025, an adjustment from the preliminary figure of 103.4. Despite this upward revision, the index still fell from its final March reading of 107.6, reaching its lowest point since August 2020. This decline coincided with a reduction in annual household spending in April, reversing the growth observed in March. In April, overall employment figures diminished to their lowest in six months, although the unemployment rate held steady at 2.5%. Conversely, consumer sentiment experienced a slight uptick in May, increasing to 32.8 from April's over two-year low of 31.2.