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Japan leading composite index falls in December 2017

Japan's leading composite index fell in December 2017 from November 2017, while its coincident and lagging composite indexes both rose over the period, final data from the Cabinet Office of Japan showed.

The leading composite index, which anticipates shifts in the economy's direction, slipped to a revised 107.4 in December 2017 from 108.2 in the previous month. This was lower than the 107.9 in the preliminary data released earlier in January.

The coincident composite index, which indicates the country's current economic state, rose to 120.2 from 117.9, while maintaining an "improving" assessment. This was lower than the 120.7 preliminary reading.

The lagging composite index, which is a measure of turning points and business cycle phases, inched up to 119.1 from 118.7, compared to 119.0 predicted previously.