Japan's leading index improved more than expected in December, preliminary data from the Cabinet Office showed Tuesday.
The leading index, that indicates the direction of the economy in the months ahead, rose to 94.3 from 93.7 in November. The reading was well above the expected level of 93.8.
Likewise, the coincident index came in at 93.2, up from 90.3 in the previous month. The coincident indicator is used to identify the current state of the economy.
Meanwhile, the lagging index fell to 82.7 in December from 83 a month ago.
For comments and feedback: editorial@rttnews.com