Latest data released by the Japanese Cabinet Office - 24 January 2018
- Preliminary reading here
- Coincident index 117.9 vs 118.1 prelim
Not a major data point, and final readings are thereabouts. An improvement to prior readings here. USD/JPY unchanged at 110.90 while EUR/JPY sits at 135.40 levels still.
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.
