Latest data released by the Japanese Cabinet Office - 22 March 2019
- Coincident index 98.1 vs 97.9 prelim
Slight delay in the release by the source. Preliminary figures can be found here. A slight improvement to initial estimates but it doesn't take away from the fact that the trend has been signaling further weakness in Japanese economic data. The print here is the weakest since September 2016.
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.
