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Financial News: Japan Leading Index Revised Down To 109.2

Japan Leading Index Revised Down To 109.2

10/25/2023 - 02:54:00 (RTTNews)

(RTTNews) - Japan's leading index improved less than intitially estimated in August, the latest data from the Cabinet Office showed on Wednesday.

The leading index, which measures future economic activity, rose to 109.2 in August from 108.2 in July. In the initial estimate, the score was 109.5.

Further, this was the highest reading since November last year, when it was 109.6.

The coincident index that measures the current economic situation increased to 114.6 in August from 114.2 in the previous month. The flash reading was 114.3.

Data showed that the lagging index climbed to 105.9 from 105.7 in the previous month. The latest score was revided lower from 106.0.

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