— Japan Aug Coincident CI Revised +0.5 Pt M/M Vs Prelim +0.3 Pt
— Japan Aug Leading CI Revised -0.3 Pt M/M Vs Prelim -0.8 Pt
TOKYO (MNI) – Japan’s coincident composite index (CI), which
reflects current business conditions, rose a revised 0.5 point to 107.6
in August (preliminary +0.3 point), thanks to the recovery in
earthquake-hit supply chains, Cabinet Office data showed on Thursday.
The data showed that the coincident composite index posted the
first rise in two months after falling 0.3 point in July.
In August, six out of the 11 sub-indexes comprising the coincident
index rose, including industrial output.
The composite index was set at 100 in the 2005 base year.
Other details from the latest data follow:
The leading composite index, which measures the state of the
economy three months ahead: August revised 104.3 (-0.3 point m/m) vs.
preliminary 103.8 (-0.8 point).
The lagging CI, which reflects economic conditions three months
ago: August revised 89.6 (+0.9 point m/m) vs. preliminary 89.6 (+1.0
point).
tokyo@marketnews.com
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