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Japan's Oct. Leading Index Revised Up

Japan's leading index rose more than previously estimated in October, final data from the Cabinet Office showed Wednesday.

As per the revised data, the leading index, designed to measure the direction of the economy in the months ahead, was at 92.8 in October compared to 92.5 in the preliminary report. In September, the index was at 91.8.

Meanwhile, the coincident index, which measures the current economic activity, scored 90.7, higher than the preliminary reading of 90.6 in October. In September, the index was 91.3.

Meanwhile, the lagging index was revised down to 86.8 in October from the initial score of 87.2.

by RTT Staff Writer

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