Assessment of Japan's January Leading Indicator Index Indicates Weakening Business Conditions
Friday, 8 March 2024, 05:04
Japan's January Economic Indicators
The leading indicator index for January was revised down to 109.9, reflecting a decrease in economic performance.
Coincident Index Changes
- Prior level was at 116.0
- Current index stands at 110.2
- First 'weakening' assessment since April last year
The assessment indicates challenges ahead, particularly in the manufacturing and production sectors.
Retail and wholesale sales, however, showed stability in the recent report.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.