Financial News: Japan Leading Index At 2-Year Low

Japan Leading Index At 2-Year Low

02/27/2023 - 01:58:00 (RTTNews)

(RTTNews) - Japan's leading index declined to a two-year low in December, as initially estimated, final data from the Cabinet Office showed on Monday.

The leading index, which measures the future economic activity, dropped to 97.2 in December from 97.7 in the previous month.

The score came in line with the preliminary estimate released on February 7 and reached the lowest since December 2020, when the reading was 96.5.

The coincident index that measures the current economic situation, also weakened to a 7-month low of 99.1 in December from 99.3 in the previous month. The flash score was 98.9. At the same time, the lagging index slid to 99.6 from 99.8 in the preceding month. The reading was revised from 98.9.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Eurozone Trade Gap Narrows In January (38 min(s), 13 sec(s) ago)
(RTTNews) - Euro area trade deficit narrowed at the start of the year as the pace of fall in impor ...Full Story»

Poland Industrial Output Contracts; Producer Price Inflation At 1-Year Low (01 hr(s), 12 min(s), 13 sec(s) ago)
(RTTNews) - Poland's industrial production declined for the first time in thirty-three months ...Full Story»

Taiwan Export Orders Continue To Fall In February (02 hr(s), 36 min(s), 13 sec(s) ago)
(RTTNews) - Taiwan's export orders continued to decline in February, data released by the Mini ...Full Story»

Germany Producer Price Inflation Eases To 15.8%, Lowest Since Sep 2021 (04 hr(s), 33 min(s), 13 sec(s) ago)
(RTTNews) - Germany's producer price inflation eased for the fifth straight month in February ...Full Story»

Malaysia Trade Surplus Shrinks To MYR 19.56 Bln (06 hr(s), 0 min(s),13 sec(s) ago)
(RTTNews) - Malaysia's trade surplus decreased slightly in February, as imports grew faster th ...Full Story»

European Economic News Preview: Eurozone Foreign Trade Data Due (06 hr(s), 40 min(s), 13 sec(s) ago)
(RTTNews) - Foreign trade from the euro area and producer prices from Germany are the top economic ...Full Story»

China Retains Benchmark Lending Rates As Expected (06 hr(s), 59 min(s), 13 sec(s) ago)
(RTTNews) - China retained its benchmark lending rates for the seventh straight month on Monday af ...Full Story»

China Loan Prime Rate Due On Monday (14 min(s), 47 sec(s) ago)
(RTTNews) - The People's Bank of China will announce its latest loan prime rate numbers, highl ...Full Story»