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Japan February final leading indicator index 97.1 vs 97.4 prelim

Latest data released by the Japanese Cabinet Office – 24 April 2019

  • Coincident index 100.4 vs 98.8 prelim

ForexLive

Slight delay in the release by the source. Preliminary readings can be found here. The leading index comes in slightly worse than initial estimates but is a slight improvement to January so that is the bright spot in the release here.

The index is used as a reference to economic conditions, but most of the indicators used to make up the index has already been released individually – so there isn’t much of an impact on this release.

The index basically measures up employment data, consumer confidence, production, housing, and stock market data, etc as its leading indicators to derive the number.

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