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Asian Economic News

Japan Leading Index Climbs Less Than Estimated In August

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

The leading index for Japan, which measures the future economic activity, increased less than initially estimated in August, latest figures from the Cabinet Office showed Monday.

The leading index rose to 100.9 in August from 100.0 in July. The preliminary reading for August was 101.2.

Nonetheless, this was the highest score since November 2015, when the score was 101.5.

The coincident index that reflects the current economic activity, dropped slightly to 112.0 in August from 112.1 in the preceding month. That was in line with the flash data published on October 7.

At the same time, the lagging index remained unchanged at 113.0 in August.

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