Leading Economic Index Japan increased to 109.20 in August of 2023 over the same month in the previous year. Leading Economic Index in Japan averaged 102.86 points from 1985 until 2023, reaching an all time high of 120.40 points in November of 2013 and a record low of 81.10 points in July of 1986. In Japan, the Leading Composite Index consists of 12 indexes such as account inventory ratios, machinery orders, stock prices and other leading economic indicators. The index anticipates changes in the direction of the Japanese economy in the coming months. In general, increase in the index reflects that the economy is in an expansion phase, and decreasing coincident index reflects that the economy is in a contraction phase. The index is used to make official judgement on when the business cycle begins and ends. This page provides – Japan Leading Composite Index – actual values, historical data, forecast, chart, statistics, economic calendar and news.
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