Economic Buzz: Japan Leading Economic Indicators Rise In November

11 Jan 2022 , 12:28 PM

Japans index of leading economic indicators, a gauge of the economy a few months ahead, compiled from data such as job offers and consumer sentiment, rose 1.5 points to 103.0 after a final 101.5 a month earlier. This marked the highest level since July, amid a surge in vaccinations and easing supply-chain disruptions. The coincident indicator index rose in November for a second month, the government said on Tuesday, as nationwide COVID-19 infections stayed low through the month. The index, which consists of a variety of data such as factory output, employment and retail sales, gained a preliminary 3.8 points over the previous month to stand at 93.6 in November, the cabinet office said.

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