Japanese Leading, Coincident Indices Rise In September

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5:23 GMT

Nov 2009

Japanese Leading, Coincident Indices Rise In September

(RTTNews) - The Japanese leading index rose to 86.4 in September from 83.2 in August, a preliminary report from Cabinet Office showed Friday. The leading index improved for the seventh consecutive month and stood above the expected level of 86.2.

At the same time, the coincident index stood at 92.5, up from 91.2 in August. The reading came in line with economists’ expectations. The preliminary estimate showed that the lagging index climbed 0.3 points to 84.5 in September.

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