18 October 2005, 10:02  Japan Aug leading index unchanged at 100, up from 45.5 in July

Japan's index of leading economic indicators for August stood at 100, unchanged from the preliminary reading, up from 45.5 in July, the Cabinet Office said. A reading above 50 indicates an economic expansion over the next three to six months, while a reading below 50 suggests contraction. The leading index is based on 12 indicators, of which data for 11 were available for the revision, all pointing towards expansion. The coincident index, which measures the current state of the economy, stood at 80.0, compared to 88.9 in the preliminary report. The coincident index is composed of 11 indicators, of which 10 were available for the revision, with eight indicating expansion. The lagging index was unchanged at 75. This index is made up of six indicators of which data for four used in the latest figure, with three suggesting expansion and one indicating contraction.

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