Japan Leading Economic Index
Category:
Leading Economic Index
Units:
Points
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.
A higher than expected figure should be seen as positive (bullish) for the JPY while a lower than expected figure should be seen as negative (bearish) for the JPY.
Source:
Cabinet Office, Japan
Event Details
Impact:
Low
Country:
Symbol:
JPY
Latest Release
Previous:
110.9
Consensus:
111.1
Actual:
111.2
Next Release
Date:
05:00 AM, 7 Aug 2024 (in 10 days)
Time left:
in 10 days
Consensus:
110.6