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Japanese Leading Index Inches Lower Japanese Leading Index Inches Lower
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Old 09-19-2008, 03:00 AM
DailyFx's Avatar
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Default Japanese Leading Index Inches Lower
Japan July leading composite index revised slightly to +0.4 pp m/m from prelim +0.6 pp m/m, and coincident index composite index revised to +1.1 from prelim +0.9. Though the July leading and coincident indices interrupted their recent downward trajectory, their July readings at -7.0 pp y/y and -1.2 pp y/y respectively still reflected a weakening manufacturing sector amid global uncertainties.
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