Japan Leading Economic Index

Last Release

Dec 31, 2024

Actual

108.9

Units In

Points

107.5

Frequency

Monthly

Next Release

Feb 26, 2025

Time to Release

18 Days 4 Hours

Highest	Lowest	Average	Date Range	Source
112.2 Mar 2024	72.5 Jul 1986	92.81 Points	1985-2024	N/A

In Japan, the Leading Composite Index consists of 12 indexes such as account inventory ratios, machinery orders, stock prices and other leading economic indicators. The index anticipates changes in the direction of the Japanese economy in the coming months. In general, increase in the index reflects that the economy is in an expansion phase, and decreasing coincident index reflects that the economy is in a contraction phase. The index is used to make official judgement on when the business cycle begins and ends.

Latest Updates

Japan’s leading economic indicators index, which gauges the economic outlook for the coming months based on data such as job offers and consumer sentiment, increased to 108.9 in December 2024, up from November’s three-month low of 107.8, and surpassing market estimates of 108.1, preliminary estimates showed. The latest figure came after the unemployment rate edged lower to 2.4% in December, with employment showing a moderate upward trend during the month. Additionally, household spending rose for the first time in five months, marking the fastest growth since August 2022. Meanwhile, consumer sentiment weakened slightly in December.