Japan's leading economic index declined for a fourth consecutive month in July, preliminary data released by the Cabinet Office showed Friday.
The leading index, which is designed to measure the direction of the economy in the months ahead, fell to 91.8 in July from 93.2 in June. Economists were looking for decline to 91.6.
The coincident index, which measures the current economic activity, dropped to 92.8 in July from 94.1 in June. Meanwhile, the lagging index fell to 86.3 from 86.6.
by RTT Staff Writer
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