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Japan March Leading Index Rises Less Than Initial Estimate

Japan's leading index improved in March, but at a slower than initially estimated pace, final data published by the Cabinet Office revealed Monday.

The leading index rose to 96.4 in March from 96.1 in February. The reading for March was revised down from 96.6. The index signals the direction of the economy in the months ahead.

Meanwhile, the coincident index, that measures the current economic activity, climbed to 96.7, up from last month's 95.2 and the initial estimate of 96.5.

The lagging index came in at 86.7, in line with preliminary estimate, but higher than February's score of 86.3.

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