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Japan Aug Leading Index Falls As Expected

The leading index for Japan decreased as expected in August, preliminary figures from Cabinet Office showed Tuesday.

The leading index fell to 104 in August from 105.4 in July. This was in line with the consensus estimate.

The latest reading was the lowest since January 2013.

The coincident index also decreased to 108.5 from 109.9 in July. This was slightly less than the 108.6 expected by economists.

The lagging index edged down to 118 in August from 118.4 in July.

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