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FX.co ★ Japan Leading Index Falls To 108.7

Japan Leading Index Falls To 108.7

Japan's leading index declined for the second straight month in October, preliminary data from the Cabinet Office showed on Thursday.

The leading index, which measures future economic activity, fell to a 3-month low of 108.7 in October from 109.3 in the previous month.

On the other hand, the coincident index that measures the current economic situation rose to a 4-month high of 115.9 from 115.7 a month ago.

Data showed that the lagging index edged down to 106.3 from 106.4 in September.

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