Japan’s leading index increased less than estimated in August to the highest level in five months, the latest data from the Cabinet Office showed on Friday.
The leading index, which measures future economic activity, rose to 107.0 in August from 106.1 in the previous month. The flash score was 107.4.
Meanwhile, the coincident index weakened to an 18-month low of 112.8 in August from 114.1 a month ago. The latest reading was revised down from 113.4. The coincident index measures the current economic situation.
The lagging index also declined to 112.4 in August from 113.6 in the prior month.
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