FX.co ★ Japan Leading Index Revised Upward

Japan's primary economic indicators index, which assesses the forthcoming months' economic prospects by analyzing metrics such as job availability and consumer confidence, was revised upwards to 108.3 for January 2025, surpassing the preliminary estimate of 108.0. Despite this upward revision, the index achieved its highest level since October of the previous year, climbing from 107.9 recorded in December 2024. This rise comes as annual household spending increased for the first time in five months, registering the most significant growth since August 2022. Concurrently, the unemployment rate slightly increased to 2.5% in January, while overall employment exhibited a gradual upward trend, reaching a new peak. Conversely, consumer sentiment dipped to its lowest point since March 2023.