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Japan's leading composite index falls in January


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Japan's leading composite index falls in January

Japan's leading composite index, which anticipates changes in the economy's direction, stood at 105.6 in January, lower than the 106.8 level in December 2017, revised data from the Cabinet Office showed March 20.

The coincident index, which indicates the country's current economic state, dropped to 114.9 in January from 119.7 in the previous month. The index was assessed as "improving".

Meanwhile, the lagging composite index, which is a measure of turning points and business cycle phases, rose to 119.4 from 118.9 in December 2017.