Economic Buzz: Japans Leading Index Falls To 98.9 In July

29 Sep 2022 , 11:00 AM

Japans leading index weakened more than initially estimated in July, final data from the Cabinet Office showed. The leading index, which measures the future economic activity, fell to 98.9 in July from 100.3 in June. In the initial estimate, the reading was 99.6. The coincident index that measures the current economic situation, improved to 100.1 in July from 99.2 in the previous month. The lagging index came in at 97.4 in July versus 97.5 in the initial estimate. In June, the reading was 97.6.Powered by Commodity Insights