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Japanese Leading Index takes biggest tumble in over 30 years

The Japanese Leading Index experienced its biggest monthly decline in more than thirty years in December, dropping 4.3%, while the Coincident Index dropped 1.4%. Still, four leading indicators improved: real money supply, stock prices, interest rate spread, and the (inverted) business failures*.

Japanese Economic Indicators At a Glance

  • Leading Index: Up Down 4.4%
  • Coincident Index: Down 1.4%
  • Improved Leading Indicators: 4
  • Worsened Leading Indicators: 3
  • Improved Coincident Indicators: 1
  • Worsened Coincident Indicators: 3

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The Conference Board Leading Economic Index (LEI) for Japan Decreased 4.3 Percent
Feb. 5, 2009

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