A leading indicator of the Japanese economy recorded a slower growth in April than initially estimated, final data released by the Cabinet Office showed Thursday.
The leading economic index rose to 99 in April from a revised 97.7 in March. Initially, the index was estimated to increase to 99.3.
The coincident economic index, which measures the current economic situation, moved up to 95.3 in April from 94.6 in the previous month. The flash estimates were for a reading of 94.8.
Meanwhile, the lagging index, a measure of the past performance of the economy, dropped to 87.9 from 88 in March. The latest reading was higher than 86.8 estimated earlier.
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