Latest data released by the Japanese Cabinet Office - 13 May 2019
- Prior 97.1
- Coincident index 99.6 vs 99.6 expected
- Prior 100.4
Slight delay in the release by the source. A further dip in Japanese economic indicators here, with the notable change being that the government has downgraded its view on the domestic economy to 'worsening'. That's the first downgrade since January 2013.
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.
