Japan's leading index improved less than initially estimated in October to the highest level in sixteen months, the latest data from the Cabinet Office showed Wednesday.
The leading index, which measures future economic activity, rose to 109.8 in October from 108.2 in September. The flash score was 110.0. Moreover, a similar score was last seen in June 2024.
The coincident index also improved to a four-month high of 115.9 in October from 114.9 a month ago. The latest reading was revised up from 115.4. The coincident index measures the current economic situation.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.