Economic Buzz: Japans Leading Index Weakens In July

7 Sep 2022 , 01:39 PM

Japans leading index weakened for the third straight month in July to reach its lowest level in nearly one-and-a-half years, preliminary data from the Cabinet Office showed. The leading index, which measures future economic activity, dropped to 99.6 in July from 100.3 in June. The coincident index that measures the current economic situation improved to 100.6 in July from 99.2 in the previous month. Meanwhile, the lagging index remained stable at 97.5 in July. Powered by Commodity Insights