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Japan Leading Index Falls More Than Forecast In February

Japan's leading index declined more than expected to a 6-month low in February, survey data showed Monday.

The leading index fell to 108.5 in February, the lowest since last August, from 113.1 in January, the Cabinet Office said. The score was forecast to drop to 108.8 in February.

Likewise, the coincident index, a measure of the current economic situation, declined to 113.4 from 115.2 in the prior month.

On the other hand, the lagging index, which gauges the past performance of the Japanese economy, rose to 116.7 in February from 116 in January.

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