trending Market Intelligence /marketintelligence/en/news-insights/trending/c7fjo4gdksdj9ibt4jgllg2 content esgSubNav
In This List

Japan's May leading index rises to 6-month high

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Blog

Investment Banking Essentials Newsletter April Edition - 2022

Blog

Banking Essentials Newsletter April Edition - 2022


Japan's May leading index rises to 6-month high

Japan's leading composite index, which anticipates changes in the economy's direction, rose for the second straight month to 106.9 in May, its highest level since November 2017, preliminary data from the Cabinet Office showed.

The May reading improved from 106.2 in the previous month.

The coincident index, which indicates the country's current economic state, fell to 116.1 in May, after rising to 117.5 in the prior month. The index was assessed as "improving."

The lagging composite index, which is a measure of turning points and business cycle phases, climbed to 118.8, its highest level in more than nine years, from 117.3 in April.