The leading index for Japan, which measures the future economic activity, decreased more-than-expected in September to the weakest level in thirty two months, preliminary figures from the Cabinet Office showed Friday.
The leading index fell to 101.4 in September from 103.5 in the previous month. Economists had expected the index to fall to 101.8.
The latest rate of decline was the lowest since January 2013, when it marked the same 101.4.
The coincident index that indicates the current economic activity also dropped to 111.9 in September from 112.2 in August. The expected score was 112.1.
The lagging index that reflects the past economic activity, came in at 114.0 in September, down from 115.1 a month earlier.
The material has been provided by InstaForex Company – www.instaforex.com