Latest data released by the Japanese Cabinet Office - 23 August 2018
- Coincident index 116.4 vs 116.3 prelim
Slight delay in the release by the source. Slightly lower tick in the leading index for the final reading. Either way, it's still lower than the May reading of 106.9. Not going to matter all too much as this is Q2 data, so this will be something to keep an eye out for in the coming months - though the release here is lagging.
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.
