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Japan's Dec. Leading Index Revised Down

Japan's leading index rose less than initially estimated in December, final data from the Cabinet Office showed Monday.

The leading index, that indicates the direction of the economy in the months ahead, rose to 94 from 93.7 in November. The initial reading for December was 94.3.

Meanwhile, the coincident index reading was revised up to 93.6 from 93.2. In November, the index stood at 90.3. The coincident indicator is used to identify the current state of the economy.

The lagging index increased to 83.4 from 83 a month ago.

by RTTNews Staff Writer

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