Economic Buzz: Japan Leading Economic Index Improves Marginally

11 May 2022 , 12:38 PM

The index of leading economic indicators in Japan, which is a gauge of the economy a few months ahead, increased to 101.0 in March of 2022, following an upwardly revised 100.1 a month earlier, as reported by Japanese Cabinet Office. The index basically measures up employment data, consumer confidence, production, housing, and stock market data, etc as its leading indicators to derive the number. The coincident index, which reflects current economic conditions, stood at 97.0 against 100 for the base year of 2015, the government agency said.Powered by Commodity Insights