FX.co ★ Japan Leading Index Revised Downward

Japan's leading economic index, which provides a forecast of the upcoming months by analyzing indicators such as employment opportunities and consumer confidence, was adjusted downward to 109.9 for November 2025. This marks a revision from the earlier estimate of 110.5 and follows a final reading of 109.8 recorded in October. Despite this slight adjustment, the index still represented the highest point since May 2024, bolstered by robust consumer confidence. It eased marginally in December but maintained its position near an 18-month peak in November. Employment surged to a new historic high, with the unemployment rate holding steady at 2.6%. Concurrently, cost pressures in December diminished to their lowest since March 2022. Nonetheless, consumption overall remains in a phase of recovery, bouncing back in November following a decline in the previous month.