Japan Feb coincident indicator up 0.4 point

(For more stories on the Japanese economy, click [ID:nECONJP])

TOKYO, April 6 (BestGrowthStock) – Japan’s index of coincident
economic indicators rose a preliminary 0.4 point in February from
the previous month, climbing for the 11th straight month in a
sign of the economy’s gradual recovery.

The index of leading economic indicators, compiled using data
such as the number of job offers and consumer sentiment and a
gauge of the economy a few months ahead, rose 1.0 point from
January to mark its 12th straight month of increase.

The Cabinet Office maintained its assessment of the
coincident index, saying it is improving.

Details were as follows:

(month-on-month changes in points)
———————————————————-

FEB JAN DEC NOV
Leading Index +1.0 +2.1 +3.5 +1.8
Coincident Index +0.4 +2.7 +1.6 +1.8
Lagging Index +0.5 +2.3 +0.7 -0.4
———————————————————-

To view full tables, click on the Cabinet Office’s website at
http://www.esri.cao.go.jp/en/stat/di/di-e.html

Investing Basics

(Reporting by Rie Ishiguro)

Japan Feb coincident indicator up 0.4 point