Japan's index of leading economic indicators stood at 60.0 for June, topping the boom-or-bust line for the first time in five months, preliminary data issued by the Cabinet Office showed. The figure matched market expectations. Estimates in a Nihon Keizai Shimbun poll ranged from 44.4 to 60.0. A reading above 50 points to economic expansion over the next six months, while a reading below 50 suggests contraction. The leading index is based on 12 indicators, of which data for 10 were available for the preliminary reading for June, with six pointing toward expansion and four toward contraction, the Cabinet Office data showed. The coincident index, which measures the current state of the economy, was put at a preliminary 100 for June, with all available indicators showing expansion. This was the second straight month, but only the third in the past 10, that the coincident index has topped the boom-or-bust line. The preliminary reading was also estimated at 100 in the Nihon Keizai poll. The forecasts ranged from 77.8 to 100. The coincident index is based on 11 indicators, of which data for nine were available for the preliminary reading. The lagging index for June stood at 75.0, topping the boom-or-bust line for the 23rd straight month. The preliminary reading was based on four of the six indicators used to compute the index reflecting economic conditions three months earlier, with three pointing toward expansion.