Japan Leading Index Lowest Since January 2013
2014-07-22 09:49:09
Japan's leading index declined more than estimated in May to the lowest since early 2013, final data from Cabinet Office showed Tuesday.
The leading index fell to 104.8 in May from 106.5 in April. The score was revised down from 105.7. The latest reading was the lowest since January 2013, when the score was 102.9.
The coincident index, which measures the current economic situation, rose slightly to a revised 111.3 in May from 111.1 in the previous month. According to initial estimate, the index remained unchanged at 111.1 in May.
Meanwhile, the lagging index, which indicates the past economic situation, dropped marginally to revised 117.8 in May from 117.9 in April.