Japan Leading Index Falls In March
Japan’s leading index declined in Mach after rising to an 18-month high in February, preliminary data from the Cabinet Office showed on Thursday.
The leading index, which measures future economic activity, dropped less-than-expected to 111.4 in March from 112.1 in the previous month. The score was forecast to fall to 111.0.
Meanwhile, the coincident index improved to 113.9 in March from 111.5 a month ago. The coincident index measures the current economic situation.
The lagging index decreased to 106.2 in March from 106.8 in the prior month.
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