Final Japanese Leading Index Slightly Lower Than Expected

(CEP News) - Final figures for Japan's leading index came in at 91.4 in July, recovering slightly from a dip that had taken the index down to 91.3 in June, the Economic and Social Research Institute said in a report published on Wednesday.

Economists had been expecting the final figure to match the preliminary 91.6 figure.

The research institute also reported on final figures for Japan's coincident index, saying it increased to 103.5 in July, up from the 101.6 level observed in June. Economists had also been expecting the final figure for the coincident to match the preliminary of 103.3.

The coincident index measures factory and retail sales in the country.

By Megan Ainscow, mainscow@economicnews.caThis email address is being protected from spam bots, you need Javascript enabled to view it

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