Japan's leading index improved unexpectedly in December to the highest level in just over one-and-a-half years, preliminary data from the Cabinet Office showed Friday.
The leading index, which measures future economic activity, rose to 110.2 in December from 109.9 in November. Meanwhile, economists had expected the index to fall slightly to 109.8.
Moreover, the figure was the highest reading since May 2024, when the reading was 111.1.
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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.