• Japan's leading index rose more than estimated

Market news

23 January 2017

Japan's leading index rose more than estimated

Japan's leading index climbed more than initially estimated in November and remained at the highest level in fifteen months, latest figures from from the Cabinet Office showed Monday, cited by rttnews.

The leading index, which measures the future economic activity, rose to 102.8 in November from 100.8 in October. The November reading was revised up slightly from 102.7.

Moreover, the latest score was the highest since August 2015, when it marked 103.4.

The coincident index that reflects the current economic activity, climbed to 115.0 in November from 113.5 a month earlier. The score was slightly below the preliminary estimate of 115.1.

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