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Japan Leading Index Rises For First Time In 5 Months

Japan's leading index rose for the first time in five months, preliminary figures from Cabinet Office showed Wednesday.

The leading index rose to 105.5 in June from 104.8 in May, which was the lowest since January 2013. Economists had forecast a score of 105.4 for June.

Meanwhile, the coincident index, which measures the current economic situation, fell notably to 109.4 in June from 111.2 in the previous month.

Likewise, the lagging index, which indicates the past economic situation, dropped to 116.9 during the month from 117.8 in May. It was the third consecutive drop.

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