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Financial News: Japan's Leading Index Falls More Than Forecast

Japan's Leading Index Falls More Than Forecast

09/07/2017 - 01:41:00 (RTTNews)

(RTTNews) - Japan's leading index declined more than expected in July, survey data from the Cabinet Office showed Thursday.

The leading index, which measures the future economic activity, fell more-than-expected to 105.0 in July from 105.7 in June. The reading was forecast to fall to 105.1.

Likewise, the coincident index slid to 115.6 from 116.8 a month ago. The indicator reflects the current economic activity. The expected reading was 115.8.

The lagging index came in at 115.8, down from 116.6 in the previous month.

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