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Asian Economic News

Japan Leading Index Falls For Fourth Month

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Japan's leading index declined for the fourth consecutive month in May, preliminary data from the Cabinet Office showed Monday.

The leading index fell more-than-expected to 105.7 in May, the lowest score since February 2013, from 106.5 in April. The expected reading was 105.9.

The coincident index that measures the current economic situation remained unchanged at 111.1 in May. The indicator was forecast to drop marginally to 111.

At the same time, the lagging index dropped to 117.7 from 118.2 a month ago.

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